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$ROK 3Q15 Call: Global GDP and industrial production growth forecast has softened since April. For the US, the company experienced 3% growth and expects about the same in 4Q15. Automotive and consumer remain the strongest verticals in the US, oil and gas the weakest.
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.