Want to join the conversation?
Irvine, California-based company $RECN said revenue in 4Q16 was up 3.9% sequentially. Approx. 0.9% of the QoverQ revenue increase is attributable to the shift of the Memorial Day holiday to 1Q17. For full-year 2016, revenue increased 1.3% to $598.5MM.
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.