Want to join the conversation?
For 1Q16, $SNX's Technology Solutions segment revenue fell 2.8% to $2.8Bil vs. 1Q15. After adjusting for the translation effect of foreign currencies, this segment's revenue fell by 0.7% vs. 1Q15. Concentrix revenue rose 0.9% vs. 1Q15 and after adjusting for the translation effect of foreign currencies, this segment's revenue grew 4.5% vs. 1Q15.
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.