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$IT said PC shipments in EMEA were 19.5MM units in 1Q16, a 10% decline from 1Q15. In 1Q16, HP performed better in EMEA than it did worldwide, increasing market share lead despite a shipment decline of 2.5%, while Lenovo lost market share. Asus, ranked third, was the only vendor in the top five EMEA ranking to increase its shipments, growing 3.9%.
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.