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$TE's Tampa Electric Natural Gas Division reported net income of $13.1MM for 1Q16, down from $14.6MM last year. Results reflected non-fuel operations and maintenance expense $1MM higher than in 2015, driven by higher operating and compliance costs, partially offset by lower employee-related costs.
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.