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South Carolina-based holding company $SCG said PSNC Energy reported earnings of $0.25 per share in 1Q16 compared to $0.24 per share a year ago, driven by higher margins from customer growth. SCANA Energy had a fall in earnings of $0.06 per share, hurt by lower throughput attributable to the warmer weather during 1Q16.
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.