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Card Services and Epsilon, $ADS's two largest segment, generated strong revenue in 3Q15. In the quarter, revenue from Epsilon and Card Services increased 41% and 23%, respectively, while LoyaltyOne segment revenue decreased 8% compared to 3Q14.
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.