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$CSX said revenue was down 13% or $411MM in 4Q15 versus 4Q14. This was driven mainly by a $198MM decline in fuel surcharge recoveries and about $175MM from the impact of lower volume. Core pricing gains were more than offset by the impact of negative business mix.
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.