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$KFY said for Executive Search, 4Q16 new business reached an all-time of $166MM. The company had experienced a relatively weak Jan. and that was followed by a stronger Feb. and then a seasonally strong March and April. At actualized ForEx rates, worldwide Executive Search new business was up 2% YoverY with a number of new engagements up almost 6%.
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.