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$POST reported 3Q16 net sales of $1.25Bil, an increase of $34.3MM or 2.8% compared to the prior year. Net earnings available to common shareholders were $0.0MM for 3Q16 compared to $19.8MM in 3Q15. Adjusted net earnings available to common shareholders were $49.7MM or $0.62 per diluted common share.
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.