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$VIAB's domestic affiliate revenues decreased 2% in 2Q16, impacted by the realignment with a major distributor and slight declines in distribution in line with industry trends. The company expects to grow affiliate revenues, with traditional distributors and overall, at mid single digit rates in 2017 and beyond.
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.