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For 4Q16, $CA's revenue totaled $1.01Bil and was up 1%. Enterprise Solutions rose 6%, Mainframe Solutions fell 2% and Services were flat. Renewals were down approx. 10% and down low teens as reported. Total new product and capacity sales were down five single digits and approx. 10% as reported.
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.