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Paint maker $SHW posted higher 4Q15 results, helped by improved operating results of Paint Stores and Consumer Groups. $SHW said net earnings increased by a half to $198MM, or $2.12 per share in 4Q15 compared to $132MM, or $1.37 per share in 4Q14. Higher sales volume increased revenue by 1.4% to $35.2MM.
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.