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Utility holding company $XEL posted 1Q16 earnings of $241.3MM or $0.47 per diluted share, up from $152.1MM or $0.30 per diluted share in 1Q15. Operating revenues were $2.8Bil compared to $3Bil last year. Ongoing diluted EPS was also $0.47 in 1Q16.
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.