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For 1Q16, $PEG's operating EPS was $0.91 vs. $1.04 in 1Q15. The company said that PSE&G segment's operating EPS was $0.52 vs. $0.47 in 1Q15, which reflects the revenue growth impact associated with an expansion of its capital investment program. PSEG Power's operating EPS was $0.36 and adjusted EBITDA was $416MM for the quarter.
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.