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$EMR 3Q15 Call: Net sales decreased 13% to $5.5Bil with underlying sales down 5%. The continued pressure lower oil prices has resulted in further CapEx reductions by global oil and gas customers particularly those in upstream markets. Industrial spending remained sluggish globally, but most significantly in energy-related and commodity markets.
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.