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$D said Dominion Generation produced EBITDA of $509MM in 2Q16, which was in the upper half of its guidance range. Lower OpEx and a higher rate of revenues offset lower than expected kilowatt-hour sales at Virginia Power. Dominion Energy EBITDA of $336MM was near the top end of its guidance range, driven mainly by lower OpEx.
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.