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Engineering and construction firm $FLR reported 4Q15 net loss attributable to the company of $51.4MM or $0.36 per diluted share versus net income of $214.5MM or $1.37 per diluted share in 4Q14, hurt by lower revenue in all segments. Revenue fell 19.9% to $4.4Bil versus $5.5Bil YoverY.
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.