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Self-storage facilities operator $EXR reported an increase in 1Q16 results. Net income rose to $82.5MM or $0.66 per share in 1Q16 compared to $53.7MM or $0.46 per share in 1Q15 helped by higher revenues. Total revenues rose to $229.4MM from last 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.