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$CTAS's revenue increased organically by 6.8% in 1Q16, with new business wins, penetration of existing customers with more products & services, retention and price increases all contributed to the strong growth rate. Total company GM was 43.7% for 1Q16 vs. 43.4% last year. Total company energy related expenses were 2.2% vs. 2.8% last year.
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.