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In Spain, prior to Sept. 30, 2015, $IFF was a party to dividend withholding tax controversies. As of Sept. 30, 2015, the three dividend withholding tax controversies in Spain have been resolved. $IFF made total payments of EUR4.5MM or $4.9MM during 2Q15 related to the resolution of these three controversies.
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.