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$NUE reported a decline in 3Q15 earnings due to lower shipments and pricing. Net earnings were $227.13MM or $0.71 per share, compared to $245.45MM or $0.76 per share last year. The 3Q15 EPS was above forecast on larger than forecasted LIFO credit and better than expected steel mills performance. Net sales decreased 26% to $4.23Bil.
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.