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$WWE said the network averaged 1.29MM paid subscribers over Q1 2016, up 39% from the prior year period. 1Q16 OIBDA increased 31% to $27.6MM from prior year quarter. The company said its Youtube channel reached 11MM subscribers at the end of 2Q16.
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.