Want to join the conversation?
Oil and gas company $NBL reported a wider 2Q16 net loss, hurt by higher operating losses and higher expenses. $NBL said net loss for the quarter was $315MM or $0.73 per share compared to $109MM or $0.28 per share in 2Q15. Total revenue for the quarter rose 14.76% to $847MM. Excluding items, $NBL reported a loss per share of $0.24 per share.
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.