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$MCO said the global revenue for Moody's Investors Service (MIS) segment in 1Q16 fell 13% YoverY to $525.1MM. MIS's US revenue fell 10%, while non-US revenue declined 18%. Global revenue for Moody's Analytics (MA) grew 11% to $291MM, helped by a 12% rise in US revenue and 9% rise in non-US revenue.
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.