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$ROK's sales for 1Q16 fell by 9.4% from the previous year quarter. Organic sales decreased 3.3% YoverY and currency translation reduced sales by 6.1 percentage points. The majority of industries experienced declines in 1Q16, with the largest declines in heavy industries, particularly oil and gas.
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.