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$FB said its daily active users for March grew 16% from last year to 1.09Bil on average. Of these, 989MM used the service on mobile, up 24% YoverY. Monthly active users were up by 15% to 1.65Bil as of March 31, 2016, and of these, mobile monthly active users grew by 21% to 1.51Bil.
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.