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GD's net debt at the end of 3Q15 was at $41MM in excess of cash compared to a net cash balance of approx. $660MM at 2Q15-end due to the capital deployment activity. Effective tax rate was 27.6% in 3Q15, lower than expected; for FY15, tax rate is expected at 28%.
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.