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Electric and natural gas utility company $CNP said that 1Q16 adjusted earnings were $138MM or $0.32 per diluted share vs. 1Q15. Increases due to rate relief, customer growth and Midstream investments were partially offset by higher depreciation, O&M expenses and reductions in usage driven by weather.
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.