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Motorsports and entertainment company $ISCA reported a rise in 1Q16 earnings driven by higher motorsports and other events as well as increase in net admissions revenue. Net income rose to $19.83MM or $0.43 per share from $14.95MM or $0.32 per share last year. Revenue grew to $142.63MM from $136.55MM. Non-GAAP EPS rose to $0.44 from $0.36.
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.