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$SWN said it identified operating cost reductions of over $40MM annually, with over $15MM realized in 1Q16, as a result of margin enhancement efforts in addition to previously announced cost reductions associated with midstream contracts and workforce reductions.
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.