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$PRGS cut its 2016 non-GAAP revenue guidance to range of $414-420MM from previous forecast of $427-433MM, and its non-GAAP EPS outlook to range of $1.57-1.63 from previous estimate of $1.59-1.65. For 2Q16, $PRGS expects non-GAAP revenue of $93-96MM and non-GAAP EPS of $0.26-0.29.
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.