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Professional services company $ACN said the number of people who enrolled in private health insurance exchanges, an online marketplace for people to choose their employer-sponsored benefits, rose 35% to about 8MM for 2016 from about 6MM in 2015. $ACN's research states the growth of private health insurance exchanges is fueled by midsize companies.
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.