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$BA's effective income tax rate was 27.7% for 2015 versus 23.7% in 2014. 2015 effective tax rate was higher than 2014 mainly due to tax benefits of $524MM recorded in 2Q14 related to tax basis adjustments and settlement of the 2007-2010 federal tax audits.
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.