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For 2015, $TRIP's revenue rose $246MM vs. 2014, helped by an increase in click-based advertising revenue of $86MM. The increase in click-based advertising revenue was due to a rise in hotel shoppers of 16%, partially offset by a dip in revenue per hotel shopper of 6%. Display-based advertising rose by $19MM during 2015.
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.