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$CAG 4Q15 Call -John, CFO: Consumer Foods operating profit adjusted for items impacting comparability was $319MM or up 20% vs. 4Q14. Increase in profit reflects higher sales & gross margin expansion, partially offset by higher marketing & SG&A costs. Gross margin expanded over 200Bp vs. 4Q14, mainly driven by pricing, mix improvement & cost savings
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.