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$BBY 1Q16 10-Q: On February 13, 2015, BBY completed the sale of Five Star and recognized a gain on sale of $99MM. Following the sale of Five Star, the company continues to hold one retail property in Shanghai, China, which remains held for sale at May 2, 2015, as it continues to actively market the property.
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.