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Pure-play game publisher $ATVI expects 2016 GAAP revenue to be $6.1Bil. EPS is expected to be $0.45 in the year. For 1Q16, the company expects GAAP net revenue of $1.26Bil and EPS of $0.21. On a non-GAAP basis, 2016 net revenue is expected to be $6.25Bil.
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.