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The packaging company $SEE reported 3Q15 profit of $86.6MM or $0.42 per share, up from $60.8MM or $0.28 a year ago. Adjusted EBITDA for the quarter was $300MM or 17.2% of net sales compared to $302.3MM or 15.3% of net sales in the prior year period.During 3Q15, $SEE repurchased approx. 11.3MM shares for approx. $576MM.
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.