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$DVN's net financing costs for 3Q15 increased 18% from last year, primarily due to rise in EnLink fixed-rate borrowings. Net financing costs rose 5% during first 9 months of 2015 on rise of $38MM in EnLink interest expense as result of rise in fixed-rate borrowings partially offset by $25MM fall in Devon interest expense.
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.