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$CSX, which competes with $NSC and $UNP, said in order to drive efficiencies, it closed two facilities in its coal network and completed a new union labor agreement in 4Q15. This led to a $48MM or $0.03 EPS impact in 4Q15. A property sale closed in 4Q15 for a benefit of $0.05 to EPS.
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.