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Broadcasting and cable company $CMCSA reported 3Q15 consolidated revenue Increase of 11.2% from last year. Net income declined 22.4% to $2.041Bil while reported diluted EPS declined 19.2% to $0.80. The 3Q14 increase was due to a $724MM, or $0.28, benefit due to favorable income tax adjustments.
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.