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Jacksonville, Florida-based company $CSX said expenses decreased 13% in 4Q15, primarily due to lower fuel prices, lower volume-related costs and efficiency gains. Operating income decreased 12% to $791MM while the operating ratio improved 20BP to 71.6%.
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.