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$GME's gross profit for 1Q16 increased by 5.7% from last year. This was primarily driven by growth in mobile and consumer electronics category related to Technology Brands segment, which increased gross profit by $57.4MM, as well as rise in sales of collectibles, which increased gross profit by $19.7MM.
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.