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$UTX's organic sales at UTC Climate, Controls & Security for 1Q16 declined by 1% from last year, primarily due to lower sales in the global fire products and commercial refrigeration businesses. Sales at UTC Aerospace Systems slid by 1% due primarily to lower military OEM sales volume.
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.