Want to join the conversation?
$JEC's 2Q16 revenue fell 4.2%, mainly due to reduced pass-through costs included in revenue. Petroleum & Chemicals revenue fell 17.2% due to lower business volume in the Oil & Gas and Refining markets. Aerospace & Technology revenue fell 4.5% and Buildings & Infrastructure revenue fell 3.8%, and Industrial revenue rose 20.5% in the quarter.
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.