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The REIT $AVB reported a decline in 3Q15 earnings due to fall in gains on sale of consolidated and joint venture communities, including sale of Avalon Chrystie Place in last year. Net income was $206.14MM or $1.53 per share on revenue of $475.36MM. Core FFO per share rose to $1.93 from $1.73, while FFO per share fell to $2.02 from $2.14.
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.