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During 3Q15, $MMC produced underlying growth of 4% and 6% growth in adjusted operating income, a 100 BPs rise in its adjusted operating margin to 15.6% and 13% growth in adjusted EPS. These results reflect revenue growth across all its operating companies and margin expansion in both of its segments.
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.