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$HAL's 3Q15 revenue fell 36% to $5.6Bil as pricing pressure hurt its North American business. $HAL, which is in the process of acquiring rival $BHI, said it saw a step down in activity levels throughout 3Q15 especially in the pumping-related product lines. Total revenue from its largest completion and production business for the quarter fell 42%.
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.