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$JWN, American upscale fashion retailer, posted lower 3Q15 results, hurt by softer sales trends that were generally consistent across all of its channels and merchandise categories. $JWN said net income fell 42% to $81MM, or $0.42 per share, and total revenues rose 6.6% to $3.2Bil.
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.