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In 1Q16, sales of $BMI's residential and commercial municipal water products were up over 1Q15 and included initial sales as part of a new three-year contract with American Water. Sales of ORION cellular technology as part of the BEACON AMA solution increased more than four-fold and sales of E-Series Ultrasonic meters more than doubled over 1Q15.
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.