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$ADS reported that 4Q15 AIR MILES reward miles issued fell 8% versus 4Q14. For FY16, company expects miles issued to grow 3-5%. Epsilon revenue rose 38% in 4Q15, helped by the Conversant acquisition. New facility in India became operational in 4Q15. $ADS ended FY15 with 300 associates in India and hope to increase it to about 1,000 by end 2016.
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.