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$FAST 2Q15 Call – Speaking on incremental margins, Dan stated that goal is always to be as close to 30% as it can. He was pleasantly surprised by the fact that company was able to hit 40%. On the impact of steel prices, Dan said that it has impacted revenue and gross profit. He further noted that steel is creating some headwinds for the company.
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.