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$PFG said that at the end of 2Q16, trailing 12-month ROE, excluding AOCI other than foreign currency translation adjustments, was 13.3%. This was down 140 BP from 2Q15, reflecting flat equity markets, a strong US dollar and lower prepayment activity.
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.