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$TSN 3Q15 Call: Revenues grew 4% to $10.1Bil vs. 3Q14 with adjusted return on sales of 5.6%. YTD adjusted EPS is $2.32 or a 12% increase vs. 3Q14 or $2.07. Operating cash flow through three quarters was approx. $1.7Bil & spent $636MM on capital expenditures, which was $189MM greater than depreciation. Our effective tax rate in the 3Q15 was 33.6%.
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.