Want to join the conversation?
Alex Arfaei of BMO Capital asks about 2016 GM better than expected and the drivers of this growth. $PFE said that the company ended the full year at 18.5% on cost of sales and guided a 3% increase for 2016. One of the factors driving this is Hospira and the other being productivity and cost reduction initiatives.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.