Want to join the conversation?
$GD had cash balance of $3.4Bil at the end of 3Q15, down $1Bil from the corresponding period a year ago. Cash generated from operating activities was $2.2Bil in the first nine months of 2015, down 42% from the prior-year period. For 2015, the company expects capital expenditures of approx. 2% of revenue.
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.