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$WYN said revenues in its Hotel Group segment increased 18% to $314MM in 4Q15 from 4Q14. In the Destination Network segment, revenues were $310MM, flat compared with 4Q14. In the Vacation Ownership segment, revenues were $706MM, up 6% over 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.