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$TYC 3Q15 Call: Orders growth of 5% YoverY, excluding impact of FX & divestiture with 16% growth in products, 3% in installation & 1% in service. Backlog of $4.7Bil increased 2% on YoverY & quarter sequential basis. We typically see decline in backlog in 4Q as significant amount of electronic fire upgrade work is performed during summer months.
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.