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$ALLE stated that investments had modest headwind YTD and said it expects additional investment headwind to be back-end loaded for the Americas segment. $ALLE's acquisitions delivered approx. $35MM in incremental revenue. And on the Brexit referendum, the company said it did not see any meaningful impact.
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.