$TDC said revenue in the Americas region decreased 6% in constant currency. The company continues to see headwinds in regard to large CapEx being approved, particularly in the US. $TDC expects the headwind related to large IT CapEx projects to continue.
$TUES reported preliminary sales results for its 2Q17. Net sales were about $328MM with a comparable store sales increase of about 3.8%. As previously announced, the company's 2Q17 profitability will be negatively impacted by certain elevated costs, including supply chain expenses. $TUES will report complete 2Q17 results on Feb. 3, 2017.
$TUES said Melissa Phillips, President and COO, has resigned from the company and the position of COO has been eliminated. With Phillips' departure, Steven Becker, will assume additional responsibilities as President.
For 2017, $MS said that the overall Investment Banking pipeline remains healthy. Capital markets are open and functioning with increased investor optimism post election. In Fixed Income division, the company expects to see healthy activity in 2017.
$TUES promoted Trent Taylor, currently CIO, to Chief Information and Supply Chain Officer, with additional responsibility for the supply chain function. Belinda Byrd-Rohleder has been promoted to SVP, General Merchandising Manager. These appointments reflect the company's continued commitment to supply chain and core merchandising improvements.