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On a YoverY basis, all of the $JPM's segments posted declines in its 3Q15 revenues. Consumer & Community Banking had a 4% decline in its 3Q15 net revenue. Corporate & Investment Bank's net revenue dropped significantly to 10%. Commercial Banking net revenue was $1.6Bil, down 3% and Asset Management net revenue was $2.9Bil, down 5%.
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.