Want to join the conversation?
$CMI's sales in Engine segment for 1Q16 fell by 10%, due to lower production in the North American heavy-duty truck market and weak demand in power generation, oil and gas, commercial marine and mining markets. Sales in Power Generation segment dropped 19% on weaker sales in most regions, with Asia and Latin America declining the most.
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.