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$AMP's operating net revenue per advisor grew 4% to $514,000 on a trailing 12-month basis. Total advisors were 9,789. Total assets under management and administration were $777Bil in 4Q15. OpEx was $441MM and effective tax rate was 20.1% in 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.