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$SJM 1Q16 PR: Net sales for quarter were $1,952MM compared to $1,324MM in first quarter of 2015; an increase of 47%, reflecting the contribution of Big Heart Pet Brands, acquired in FY15 & Company's U.S. retail launch of Dunkin' Donuts (R) K-Cup (R) pods during quarter. Net income for quarter was $136.4MM compared to $116MM in first quarter of 2015
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.