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$BF.B delivered a 9% underlying operating income growth in the first half of FY16. However, reported operating income growth had a negative four percentage points impact due to FX headwind and another 3 percentage points due to lower inventory levels, primarily related to Jack Daniel's Tennessee Fire.
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.