Want to join the conversation?
$GNTX said CapEx for 1Q16 was $20.3MM compared to $15.2MM in the year ago quarter and expects its FY16 CapEx to be in the range of $115-130MM. For CY16, the company expects net sales to be between $1.64-1.72Bil; gross profit margin between 38.5-39.5%; and OpEx in the range of $152-160MM.
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.