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$BBRY said its enterprise business finished the quarter strong with an expectation of above market growth in FY17. The company achieved its eighth consecutive quarter of positive free cash flow. $BBRY said it launched two new devices in 4Q16, Leap and Priv which had volumes below expectations with softness in the high-end smarphone market.
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.