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For FY15, $DE's global sales for Agriculture & Turf segment is expected to decrease by about 25% and Construction & Forestry segment to be down by about 5%. Net income attributable to $DE's Financial Services segment is expected to be approx. $630MM vs. the earlier forecast of $610MM provided in the fourth quarter of 2014.
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.