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$CNC said the Department of Defense plans to award its unit, Health Net Federal Services (HNFS), TRICARE West Region Contract. HNFS now is managed care contractor for TRICARE North Region. The contract includes base period with additional five 1-year option periods. $CNC now sees start of healthcare delivery to begin sometime mid-year of 2017.
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.