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$CSC's Global Infrastructure Services revenue for 4Q16 dropped to $866MM from $930MM in the prior year quarter, a decline of 3.7% YoverY in constant currency. Growth in its next-generation offerings including Cloud and MyWorkStyle partially offset the moderating decline in the traditional outsourcing business.
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.