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$XL's gross premiums written for 3Q15 jumped 66.1% from last year. When evaluated in local currency, $XL's gross premiums written increased by 72.1%. The unfavorable foreign exchange on its gross premiums written was mainly due to the weakening of the Euro against the U.S. dollar, impacting businesses written in these currencies.
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.