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The continued solid financial performance seen today is driven by $NI's utility businesses. GAAP income from continuing operations was about $15MM vs. loss of about $17MM in 3Q14. Gas Distribution segment operating earnings were $22MM, while Electric Operations operating earnings were about $102MM.
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.