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Auto parts retailer $ORLY's 3Q15 earnings rose 28% to $2.64 per share from $2.06 in the year-ago quarter. Net income increased 23% YoverY to $266MM. Quarterly revenues also rose 11% to $2.08Bil from $1.88Bil a year ago. The results reflect comparable store sales growth of 7.9% during 3Q15 vs. 6.2% for the same period one year ago.
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.