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$A's exit of the NMR business resulted in severance and other personnel costs related to the workforce reduction of approx. 300 employees primarily located in the UK and California. As of July 31, 2015, $A has approx. 60 employees pending termination under the above actions. $A expects to complete these restructuring activities by early FY16.
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.