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$PRGS said its OpenEdge segment revenue was $68MM, down 6% for 2Q16 compared to last year. While revenue from the company's ISV partners showed steady growth, sales to OpenEdge direct enterprise customers were significantly lower YoverY, but in line with expectations set during 1Q16. SaaS-related revenue for OpenEdge was approx. $5MM for 2Q16.
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.