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In 4Q16, $FDS' US revenues grew to $190.4MM. Excluding revenue from the Portware acquisition and revenue related to the Market Metrics business, organic revenues in the US were up 7.4% compared to 4Q15. Non-US revenues increased to $96.9MM. Revenues from the Europe and Asia-Pac regions were $71.5MM and $25.4MM respectively.
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.