Want to join the conversation?
$HAR said that in 4Q16, the company expects strong cash flow generation, consistent with the historical trend. The company expects both Lifestyle Audio and Connected Car divisions to achieve the earnings targets established in Aug. Higher profitability as a percentage of sales in Connected Car is expected to offset the shortfall in 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.