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$CAMP remains cautious in the very near-term as macro conditions in North America have resulted in softer than expected demand from key customers for MRM telematics products. $CAMP expects 2H17 to be stronger than 1H, with consolidated revenue reaching a $100MM quarterly run rate later in the year.
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.