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Airplane maintenance company $AIR reported a rise in 3Q16 earnings from continuing operations driven by sales growth from its Aviation Services segment. Income from continuing operations rose to $10.7MM or $0.31 per share from $1.9MM or $0.05 per share last year. Sales grew to $402.8MM from $380.1MM.
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.