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$HRS 4Q15 Q&A: Jeff from JPMorgan asked, when do you think about Exelis top-line growth? Bill Brown said that we are seeing some of the modernization spending tactical radio start to move. Good signs are that money is moving, it will move over time. It will allow our company to grow, maybe not next year, but certainly in years beyond.
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.