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$NUE's gross margins for 3Q15 rose to 12% from 11% last year. The gross margin was impacted by a 15% decrease in average sales price per ton and a 13% decrease in tons shipped to outside customers, which was partially offset by a 31% decrease in scrap costs in the steel mills segment.
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.