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$ALLE's revenues of $544MM grew 5.1% organically. Total revenue declined 0.4% reflecting the negative impact of foreign currency. Organic growth of the business has averaged more than 6% over the last 12 months. Electronics portfolio improved more than 30% vs. prior year.
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.