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During the quarter, $CHRW's Sourcing net revenues decreased 4.4% and case volume grew 2.5%. YTD, sourcing net revenues up nearly 3% and case volume was up 5%. Operating income as a percentage of net revenue for the quarter was 39.5% which represents a 100 BP improvement compared to the prior year period.
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.