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$LNN's irrigation segment revenues for 4Q16 rose by 3% YoverY. U.S. irrigation revenues increased 5%, on rise in irrigation system unit volume with comparable pricing, along with modest rise in other irrigation component revenues. Infrastructure revenues grew 24% on higher Road Zipper System sales and higher unit volumes in road safety products.
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.