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Provider of specialty foods and non-food products $UNFI said that 4Q16 net sales grew 8% adjusted for the termination of a customer distribution contract and 2Q15 reduction in net sales. In FY16, the company's productivity improved by 5%, while transportation costs were down 6%. On-time deliveries of $UNFI also improved over 94% on time.
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.