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$TAP said that 1Q16 underlying equity income increased 22.1% in U.S. from a year ago, helped by higher net pricing, positive sales mix, the timing of shipments and lower cost of goods sold. In Canada, topline performance was lower in both volume and revenue per hectoliter. In Europe, earnings were down year over year.
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.