Want to join the conversation?
$PEG's Power Generation revenues for 1Q16 fell by $174MM from last year. This was due to lower operating reserve revenue coupled with lower capacity revenues, milder weather, lower volumes of electricity sold under fewer wholesale load contracts in the PJM and NE regions, and those sold under the BGS contracts.
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.