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In 4Q16, overall, $SNX expects strong performance and above market growth in both business segments. Within Technology Solutions, $SNX expects a flat but stable demand environment with cloud and cloud-enabling technologies to grow faster than the overall market. $SNX expects Concentrix to improve profitability in 4Q16.
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.