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Rural lifestyle retail stores operator $TSCO said 4Q15 fell below its expectations, due mainly to the record warm temperatures across most of the country. Over the past several weeks, the company has experienced improvement in its sales trends for cold water products, as the weather and temperatures have normalized.
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.