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$CSCO 4Q15 Q&A: Ferragu of Bernstein asked for some updates on the service provider business and Chuck told that the changes made over the last 18 months internally in engineering and services resulted in a balanced quarter for SP business and good performance from data center collaboration.
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.