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In $FE's Distribution business, 3Q15 residential sales was up 9% and commercial sales increased 2.6% vs. 3Q14. In Industrial sector, sales were down 3.2%, influenced by lower usage from steel, coal mining & electrical equipment and manufacturing customers. For 2016, 59MM megawatt hours or approx. 75% of expected generation resources are committed.
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.