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Toy and board game company $HAS reported 2Q16 net income attributable to the company of $52.1MM or $0.41 per diluted share, up 25% versus $41.8MM or $0.33 per diluted share in 2Q15, helped by higher net revenue. Net revenue rose 10% to $879MM, driven by revenue growth in all segments and product categories.
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.