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$JCI's 4Q15 segment revenue was flat to down YoverY. Building Efficiency sales were $2.9Bil, flat with the same quarter last year. Power Solutions sales declined 6% while Automotive Experience sales in the quarter declined 21% to $4.2Bil. Segment income margins increased 150 BP versus 4Q14.
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.