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$JEC 3Q15 Q&A: Whitman of Robert W. Baird asked when restructuring charges started, was it 3Q15. Kevin answered that regards timing of restructuring, company had really small amount of money that was spent in 2Q15. While that's ramping, company spent a little bit more in 3Q15. It's going to end up largely as three-quarter initiative.
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.