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$LEN's Homebuilding segment is the primary driver of earnings where home deliveries and new orders both increased 10% during 4Q15. Lennar Financial Services' operating earnings were $33.8MM mainly due to an increase in volume and the Multifamily segment earned $10.2MM mainly due to the sale of an apartment property by one of its joint ventures.
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.