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Short Hills, New Jersey-based company $DNB said that sales in its government channels can be somewhat spiky in 2016 due to the timing of large contracts. Government sales grew in the teens in 2014, but only low-single digits in 2015. Based on the current pipeline, the company expects government sales to return to strong growth in 2016.
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.