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$KING 2Q15 PR: Three King games were top 10 grossing games in the US on one or both of the Apple and Google Play stores in the past six quarters. 3Q15 gross bookings are expected to be $460MM to $485MM. The Company anticipates EBTIDA margin in the mid 30s for 3Q15, reflecting increased marketing investments for the new game launches.
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.