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Jackson, Michigan-based $CMS said that 1Q16 earnings were down compared to prior year quarter due to weather. The company said that energy efficiency programs reduced demand 1% annually, which will help it to meet the future carbon reduction requirements.
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.