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$MKC said that in 2Q16, its largest segment Consumer, sales rose 7% versus a year ago, and constant currency sales rose 8%. Industrial segment sales fell 0.65%, and in constant currency sales rose 3%. Both volume & product mix & pricing actions taken in response to higher material costs, had a favorable impact on sales versus the year-ago period.
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.