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$TYC 3Q15 Q&A: Winoker from Bernstein asked about oil & gas headwind in 1H16. George replied we saw pressure come through 2Q, 3Q and it’s been in pretty much track into what we’ve expected & that will continue through the 4Q. So as we plan for 2016 we will see some additional pressure in early part of the year, but we are going to be positioned.
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.