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$GRPN gross billings fell by $22.8MM YoverY to $1,467.5MM in 3Q15, due to a $66.4MM fall in gross billings from third party revenue transactions, partially offset by a $35.9MM rise in gross billings from direct revenue transactions. The fall from FX rates was partially offset by rise in units sold and avg. price per unit on a local currency basis.
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.