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$UTX's organic sales at Pratt & Whitney for 1Q16 increased by 8% from last year, driven by higher commercial aftermarket sales and higher military engine sales. Organic sales at Otis rose by 3%, driven by higher new equipment sales in North America and Asia outside of China, and service sales growth in the Americas and Asia.
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.