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$ABM said it expects to realize greater in-year savings in 2016. On a segment basis, the company said its Janitorial segment revenue rose 4.1% YoverY and operating margins were 5.1%. Facilities Services revenue fell 1.9% or $2.8MM, benefiting from an improved contract mix. Air Serv revenue grew $13.9MM or 14.5%, driven by strength in US operations.
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.