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Cigarette maker $PM said cigarette volume in its Marlboro brand grew by 0.9% and in its L&M brand, volume grew 3.9% in 2015. In 4Q15, organic cigarette volume declined by 2.4% due to lower cigarette industry volumes and lower market share, notably in the Asia region.
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.