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In Gas Distribution Operations, $NI reported operating earnings of $330.2MM during the quarter vs. $305.8MM for the prior year period. Electric operations reported operating earnings of $72.2MM compared to $67.2MM during 1Q15. Corporate and Other Operations reported an operating earnings loss of $3.1MM,compared to operating earnings loss of $8.3MM.
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.