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$ADSK 2Q16 Q&A: Thill from UBS asked can you clarify about lowering of revenue, was it really related to the business model transition. Scott replied it is really just a transition, no change in volume in the business. This is really about how we recognize the revenue that comes in.
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.