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$BWA said it announced the GenV electro-hydraulic all-wheel drive coupling that will be on the Volvo XC90 vehicle. The company also stated that it announced engine timing and VCT product lines on the Hyundai V-6 gas engines. "Booking cadence remained strong and solid, and is in line with our growth expectations," said CEO James Verrier.
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.