Want to join the conversation?
$UNP 2Q15 Q&A: Hoexter of Merrill Lynch asked regards coal, has UNP been slower to cut costs in addition to inefficiencies. Lance answered that in 2Q14, company was behind in resources experiencing substantial growth and rapidly filling pipeline with new employees. In 1Q15, declined 2% and further declined in 2Q15, so now making adjustments.
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.