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$FDS' annual subscription value, or ASV, rose 8.8% organically to $1.15Bil at Aug. 31, 2016 from last year. Over last 3 months, organic ASV rose $29.1MM, which excludes acquisitions, dispositions and foreign currency effects. Buy-side and sell-side ASV growth rates for 4Q16 were 9% and 7.6%.
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.