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James Schneider from Goldman Sachs asks about the overall headcount plans for the remainder of the year. $CTSH said utilization came down a little bit in 1Q16, which was intentional. Headcount additions will slow in 2H16 from 1H16, but the goal will be to keep utilization in the ballpark that it is currently at.
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.