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$BAX improved by more than 2 points in operating margin in 3Q15. This performance was supported by positive product mix and disciplined expense management. As part of its ongoing efforts to optimize expense base, $BAX initiated a global workforce reduction that will generate about $130MM in annual savings.
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.