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Lloyd Walmsley from Deutsche Bank asks about mobile monetization not growing much in 2Q16 in terms of revenue per shopper. $TRIP said that on mobile monetization, it did see YonY improvement of revenue per shopper in mobile. Mobile revenue grew at about 30% & shopper count was up little over 20-23% in mobile, which implies an improved monetization.
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.