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$SCG, an energy-based holding company, reported a 4% increase in its 3Q15 earnings, but its operating revenue fell more than 4%. Earnings for the quarter was $149MM or $1.04 per share compared to $144MM or $1.01 per share in 3Q14. Operating revenue for the quarter was $1.7Bil.
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.