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Manufacturer of aircraft engines and avionics $HON released its 24th annual Global Business Aviation Outlook and forecasts 9,200 new business jet deliveries worth $270Bil from 2015 to 2025, with a 3-5% reduction over the value noted in the 2014 forecast hurt by sluggish global economic growth.
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.