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$DFS reported net income of $612MM or $1.38 per diluted share for 3Q15, as compared to $644MM or $1.37 per diluted share for 3Q14. The company's total revenue, net of interest expenses was $2188MM, which decreased marginally from the year-ago quarter. The YoverY decline was primarily attributable to sluggish card sales and loan growth.
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.