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Financial data firm $FDS reported a jump in 4Q16 earnings driven by higher revenue as well as a $81.7MM gain related to sale of Market Metrics business in July 2016. Net income rose to $144.31MM or $3.55 per share from $62.18MM or $1.48 per share last year. Revenue grew to $287.3MM from $261.78MM. Adjusted EPS increased 11.9% to $1.69.
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.