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Fastenings, fixings and associated products distributor $FAST said that its net sales were $333.7MM for the month of May 2016, up 6.2% from the same period last year. Daily sales were $15.9MM versus $15.72MM a year ago. Total personnel at the end of May was 20,286, up 5% from 19,312 in the same period last year.
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.