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$PNW, which owns energy distributor Arizona Public Service, reported a lower quarterly profit, hurt by higher expenses though operating revenue rose. The company reported 2Q16 earnings of $121.3MM, or $1.08 per share, compared to earnings of $122.9MM, or $1.10 per share a year ago.
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.