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$DISCA's costs of revenues for 3Q15 increased 13% from last year, excluding FX impact, Eurosport, effect of consolidation of Discovery Family and disposition of radio business. The increase in costs of revenues were primarily due to rises in content amortization, which is consistent with commitment to higher spending for content on its networks.
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.