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National Association of Realtors reported that median existing-home price for all housing types in Oct. 2015 was $219,600, up 5.8% from $207,500 in Oct. 2014. This growth marks the 44th consecutive month of YoverY gains. Total housing inventory at Oct. end fell 2.3% to 2.14MM existing homes available for sale, and is now 4.5% lower than a year ago.
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.