Want to join the conversation?
$PFG said that the company's investment portfolio continues to perform in line with expectations as credit stress was isolated to the energy and basic industry sectors. For 2016, the company expects to spend $0.8-1.0Bil for capital deployment. $PFG bought back $86MM of its stock in 1Q16, completing the remainder of 2015 authorization.
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.