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$EXPD's ocean freight and ocean services revenues for 2015 increased by 1% from last year. This was primarily due to a 3% rise in container volumes, despite lower average sell rates to customers. The company decreased average sell rates during last 9 months of 2015 in response to lower overall market demand and growth in carrier capacity.
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.