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In 4Q15, core earnings for $EIX's Southern California Edison subsidiary decreased by $66MM or $0.20 per share from 4Q14, primarily due to lower authorized CPUC revenue and higher income taxes. Edison International Parent and Other's core loss increased by $2MM versus 4Q14, primarily due to income taxes and expenses.
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.