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During 2Q16, $PNM said that its PNM segment's ongoing EPS was down $0.05, TNMP was down $0.02 and Corporate & Other was up $0.03. The company's load was down 0.4% vs. 2Q15 and 0.7% YTD. This was in line with $PNM's guidance for the year of flat to down 2%. TNMP segment's volumetric load was up 6.2% for 2Q16.
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.