Want to join the conversation?
$BWA narrowed its 2016 net sales growth expectation to range of 13.7-17.5% from previous forecast of 12.7-17.5%. $BWA now expects 2016 EPS of $3.16-3.32, of which 12 cents are expected to be contributed by the Remy acquisition. Excluding impact of foreign currencies and Remy acquisition, net sales growth are now expected to be 3-5.5% range.
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.