Want to join the conversation?
Maxim Group analyst Brian Kinstlinger questions on the pace of awards in first half of 1Q17, especially on new business trends. $CACI says that 4Q16 ended with higher level of award activity finishing at about $1.6Bil. About 25% was for recompete & about 25% for contract modifications. $CACI says that starting of FY17 is beginning in the same way.
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.