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$BKS posted a narrowed diluted loss per common share in 1Q17, compared to 1Q16. Consolidated net loss from continuing operations was $14.4MM or $0.20 per share versus $7.8MM or $0.27 per share last year. Sales declined 6.6% from last year to $913.9MM. Excluding charges, net loss from continuing operations would have been $5MM or $0.07 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.