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Diversified financial services company $AMP said it was impacted by volatile market environment in the second half of 2015, which impacted revenues. In 4Q15, operating net revenue and earnings were flat, with operating EPS up 7%. Company generated a record operating ROI of 24.3%, up 130 BP.
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.