Want to join the conversation?
HR management software maker $ADP reported a lower quarterly profit as a discontinued operation and the absence of an income tax provision reduced net income. For 4Q16, the company reported earnings of $ 282.0MM, or $0.62 per share, compared with $336.2MM, or $0.72 per share a year ago. Revenue rose 8% to $2.9Bil.
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.