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Health insurer $HUM reported a 8.3% rise in 3Q15 earnings driven by higher premiums and services revenue. Net income rose to $314MM or $2.09 per share from $290MM or $1.85 per share. Revenue grew 9.2% to $13.36Bil. Adjusted EPS rose to $2.16 from $1.85, on higher adjusted pretax income and favorable impact of share repurchase activity in 1H15.
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.