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$UNP, which competes with $CSX and $NSC, said that 3Q15 freight revenue was down 10%, driven by volume decline and lower average revenue per car. Revenue from Agricultural Products, Chemicals, Coal, Industrial Products and Intermodal decreased in 3Q15 due to reduction in both volume and average revenue per car. Automotive was flat.
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.