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Customer engagement products provider $PBI said its 1Q16 financial performance was largely consistent and in line with expectations except for the software solutions businesses. The company saw strong performance in its Presort and global e-commerce businesses while SMB revenue trends continued to stabilize and improve.
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.