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Electric utility holding company $SO reported 3Q15 earnings increase of 33.5% YoverY to $959MM, or $1.05 per share. Total revenue was up 1.1% from 3Q14 to $5.401Bil. Earnings for 3Q15 was positively influenced by retail revenue effects at $SO's traditional operating companies and stronger than expected performance of its Southern Power subsidiary.
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.