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$JW.A $JW.B said its 1Q17 revenue in Research of $234.4MM was up 2% on a constant currency basis and down 1% on GAAP basis reflecting the unfavorable impact of currency. Results were driven by 4% growth in Journal Revenue, with 3% growth in Journal Subscriptions and 39% growth in Author-Funded Access. Books and References revenue was down 12%.
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.