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New Albany, Ohio-based $BOBE said, following a comprehensive unit-level performance review of its restaurant portfolio, it is closing 27 Bob Evans restaurants. 21 of the restaurants are owned and six are leased locations. The owned locations closed April 23 and 24, 2016, and the remaining leased locations are expected to close during FY17.
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.