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$HPQ said that on a YoverY basis, its 2Q16 Personal Systems segment net revenue fell 10%, while on a constant currency basis revenue fell 5%, with a 3.5% operating margin. Printing segment net revenue on the other hand fell 16% YoverY, while on a constant currency basis, revenue fell 10%, with a 17.3% operating margin.
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.