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Pizza chain $DPZ reported a 7.3% rise in 2Q16 earnings driven by higher operating margins on increase in sales and store growth. This was partially offset by higher general and administrative expenses and higher interest expense. Net income rose to $49.26MM or $0.98 per share from $45.91MM or $0.81 per share last year.
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.