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$MCO's operating income was $350MM, flat compared to 3Q15, but increased 5% on a constant currency basis. Operating margin was 41.9%. Operating expense for first nine months of 2015 was $1.5Bil, up 9% YoverY; FX translation favorably impacted expense by 4%. FY15 expense guidance is a growth in the mid single digit percent range.
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.