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$VRTV's net sales for 4Q15 fell 7.5% to $2.2Bil from $2.38Bil in the previous-year quarter. Excluding the effect of foreign currency, net sales declined 6.2% from the prior year quarter. Net sales per shipping day for 4Q15 fell 7.5% from the prior year.
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.