Want to join the conversation?
Wealth management services provider $NTRS posted lower 4Q15 earnings. $NTRS said net income fell 2% to $239.3MM or $0.99 per share compared to $244MM or $0.98 per share a year ago. Revenue rose 2% to $1.156Bil. Excluding items, the company earned $1.00 per share. For FY15, the company delivered strong performance with net income and EPS rising 20%.
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.