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As part of the strategic engagement with Etihad Airways, $CTSH said that it will establish a new Digital Centre of Excellence to supervise Etihad Airways' existing web applications & portals and combine them into the new digital platform. $CTSH will be responsible for driving new innovation with the Etihad's key technology partners.
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.