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$CTSH's 1Q16 revenue grew 10% versus 1Q15 due to higher customer spending on discretionary projects. North American revenue grew 9% in the quarter. Revenue from customers outside the US was negatively affected by strength of the US dollar against the pound, the euro, etc. Europe revenue grew 10.4% and Rest of World revenue rose 24.9% in 1Q16.
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.