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$WU's Consumer-to-Consumer (C2C) revenues rose 2% constant currency, and reported revenues dipped 3% in 4Q15. The company's Consumer-to-Business (C2B) revenues rose 4% or 9% constant currency, helped by the Argentina walk-in and the US electronic bill payments businesses. Business Solutions (B2B) revenues rose 1%, or 8% on a constant currency.
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.