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$EA 1Q16 Q&A: Schachter of Macquarie asked about key drivers in China other than FIFA. Andrew answered, the biggest driver is continued growth of popularity of soccer and that’s a positive trend going around the world and in places like China. More is to come in China.
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.