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Existing condominium and co-op sales were at a seasonally adjusted annual rate of 620,000 units in Sept., unchanged from Aug., but are still up 3.3% from 600,000 units in Sept. 2014. The median existing condo price was $209,200 in Sept., which is 1.9% above a year ago.
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.