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$CA 1Q16 Call: Services revenue decreased 3% in constant currency and 9% as reported we expect lower services booking in FY15 to be a headwind to FY16. Over the over the long term we expect services revenue to decline as we design our products to be easier to install and leverage partners for service engagements.
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.