$CTXS' software as a service revenue for 2015 increased by 12.2% from last year. This rise was due to increased sales of its Communications Cloud products, led by GoToMeeting and Grasshopper, and its Workflow Cloud products, primarily ShareFile.
$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.
In 1Q17, Completion and Production revenue for $HAL was $2.60Bil, up 12%. Drilling and Evaluation revenue slumped 10% to $1.67Bil. Halliburton redeemed $1.4Bil of debt during the quarter, resulting in $104MM in costs for early extinguishment of debt. Total assets at quarter end were $24.8Bil vs. $27.0Bil at Dec. 31, 2016.
$SF's BoD appointed David Peacock as a new member. Peacock will join $SF's Board effective as of the firm's annual meeting on June 6, 2017. Peacock is currently Chairman of Vitaligent, LLC, the largest franchisee for Jamba Juice in California, Missouri, and Kansas.
$HAL shrunk its 1Q17 attributable net loss to $32MM from the $2.41Bil loss a year ago. The diluted loss improved to $0.04 a share vs. last year's $2.81 loss per share. Total revenue inched 2% up to $4.28Bil. “First quarter revenue in North America increased 24% sequentially, significantly outperforming our largest peer," said President Jeff Miller.
$HAS paid $63.4MM in cash dividends to shareholders during 1Q17. The next quarterly cash dividend payment of $0.57 per common share is scheduled for May 15, 2017 to shareholders of record on May 1, 2017. During 1Q17, $HAS repurchased 218,000 common shares at total cost of $18.1MM.
$HAS' revenue in the International segment for 1Q17 were essentially flat at $345MM from last year. The latest quarter's revenue include a favorable $3MM impact of foreign exchange. Revenue growth in Franchise Brands, Hasbro Gaming and Emerging Brands was offset by a decline in Partner Brands.