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$CMP said Salt segment total revenue in 1Q16 fell 8%, hurt by mild winter weather throughout North America and the U.K. Salt segment operating earnings rose 7%, despite lower sales volume. Plant Nutrition segment revenue fell 30% to $292.1MM. The company sold 74,000 tons of plant nutrition products in 1Q16, down 24% YoverY.
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.