Want to join the conversation?
Communications company $HRS said 2Q16 free cash flow was strong and made progress in achieving integration savings. Orders in the quarter were $1.5Bil and with strong orders booked in 1Q16, 1H16 book-to-bill was just over 1 and $HRS said it expects 1H16 orders with incumbent positions on existing programs to support 2H16 revenue stability.
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.