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$KBH said that its ending backlog value grew 17% to $1.85Bil, reflecting increases in all of its regions. The company's homes in backlog rose 12% to 5,226. Net order value for 3Q16 grew 20% to $929.6MM, while net orders rose 16% to 2,508.
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.