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$XYL said that 2Q16 organic order bookings were weaker than expected. This mainly reflects project timing fluctuations and a tough YoverY comparison. In robust environments such as the US, the company has experienced some delays between the time it received commitments and when it received the actual order.
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.