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Food production company $TSN reported net income of $258MM or $0.63 per share in 4Q15, an increase of 88% from 4Q14 helped by strong performances in the Chicken, Pork and Prepared Foods segments. Sales in 4Q15 were $10.5Bil and adjusted EPS was $0.83.
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.