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$ED's effective tax rate for 2Q15 and 2Q14 was 32%. Consolidated Edison Company of New York's effective tax rate rose to 32% from 31% in 2Q14, due primarily to plant-related flow through items and lower injuries and damages claims in 2015, partially offset by lower amortization of New York State's Metropolitan Transportation Authority business tax.
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.