Want to join the conversation?
$ROK 3Q15 Call: General corporate, net was approx. $22MM, up about $4MM vs. 3Q14. Adjusted effective tax rate was 27.9% compared to 27.6% in 3Q14; full year rate expected to be about 27%. Free cash flow conversion on adjusted income was 123%. Trailing four quarter ROIC was 33.1%. Average dilutes shares outstanding 135.5MM, down about 3% vs. 3Q14.
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.