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Multinational conglomerate company $HON said that during 2Q16, it saw good growth in Commercial Aviation Aftermarket and Transportation Systems, residential, commercial and China businesses within ACS, and in Process Solutions and Fluorine Products in PMT. Segment margin expanded 10 BP to 18.5%. Operationally, this was 110 BP of improvement.
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.