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The travel website company $TRIP registered a YoverY profit growth of 37% and revenue growth of 17% in its third quarter ended Sept. 30, 2015. GAAP net income was $74MM or $0.51 per share, up from $54MM or $0.37 per share in 3Q14. The quarter's total revenue rose to $415MM from $354MM in the year ago quarter.
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.