Want to join the conversation?
$GME said its Technology Brands business performed well beyond expectations, with revenue up 55% and operating earnings of $13.9MM. This segment contributed close to 24% of its overall earnings and the company reaffirmed its guidance of $85-100MM of operating earnings in FY16.
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.