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$CVS stated that at present, it has gross wins of approx. $7.4Bil and net new business of approx. $4.6Bil. To date, the company has completed about 75% of client renewals for 2017 and the retention rate is currently at 97.5%. Consumer-directed healthcare is gaining traction and points of access are critical.
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.