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$RSG's revenue for the year ended December 31, 2015 increased by 3.5% to $9.1Bil. Pretax income was $1.19Bil in 2015. Net income attributable to $RSG was $749.9MM or $2.13 per diluted share for 2015 compared to $547.6MM or $1.53 per diluted share for 2014. $RSG expects 2016 revenue to increase by approx. 2.5-3%.
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.