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For 2015, $MDLZ's net revenues fell 13.5% to $29.6Bil vs. $34.2Bil in 2014, hurt by unfavorable currency translation as the U.S. dollar strengthened against most currencies in which the company operates vs. exchange rates in 2014 and the July 2 deconsolidation of its global coffee business. Diluted EPS rose 246.9% to $4.44 vs. $1.28 in 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.