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$YUM's China Division operating profit increased by 64% prior to foreign currency translation. Same-store sales growth of KFC Division was 2% in US, including same-store transaction growth of 3%, while Pizza Hut growth was 1% including 4% growth in emerging markets. Taco Bell's same-store sales growth was 4% overlapping 3% growth from last year.
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.