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$TWX reported an increase in 3Q15 earnings on growth at Warner Bros. and Home Box Office or HBO. Net income rose to $1.04Bil or $1.26 per share from $967MM or $1.11 per share last year. Revenue grew 5% to $6.56Bil. Adjusted EPS increased to $1.25 from $1.22, driven by higher adjusted operating income and fewer shares outstanding.
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.