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During 2Q16, $TYC completed the sale of its Australian fire protection business, included in ROW Integrated Solutions & Services segment. Company recorded a pretax loss of $75MM related to this sale for 1H16. Company also completed the sale of 2 businesses within the Global Products and the ROW Integrated Solutions & Services segments.
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.