Want to join the conversation?
Industrial supply company $GWW reported a lower 3Q16 net earnings on higher costs, but earnings per share rose due to lesser number of share outstanding. Sales of $2.6Bil increased 3% from a year ago. There were 64 selling days in 3Q16 compared to 3Q15, the company said. EPS for the latest reported quarter rose 4% to $3.05.
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.