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$MCK 1Q16 Q&A: Percher from Barclays asked about lowering of operating expense. James replied directionally online with what we have been expecting. But, we were certainly very pleased by ongoing progress around our cost structure and productivity.
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.