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The maker of paint, glass and chemicals $PPG reported a 14.9% profit growth YoverY in its 3Q15. Net income from continuing operations was $433MM or $1.59 per diluted share in the quarter. Revenues for the quarter were $3.87Bil, down around 1.6% YoverY. Currency impact reduced sales by around 8%.
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.