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$MTRX's backlog at June 30, 2016 totaled $868.7MM compared to record backlog of $1.421Bil at June 30, 2015. This decline was due to two major multi-year project awards in 2H15. Project awards in 4Q16 totaled $195.8MM. Looking ahead, $MTRX expects FY17 revenue of $1.30-1.45Bil and EPS of $1.10-1.40.
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.