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IT technology firm $CACI said that 4Q16 awards and contracts funding were above 4Q15, reflecting enhanced business development processes & an improved pace of government spending. The company received awards of over $5Bil & contract funding of over $4Bil for 2016. $CACI said it successfully integrated NSS achieving synergy goals ahead of schedule.
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.