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$LYB posted 3Q15 earnings of $1.2Bil, or $2.55 per share, from continuing operations. Excluding lower of cost or market (LCM) adjustment, earnings totaled $1.3Bil, or $2.80 per share, and EBITDA was $2.2Bil. $LYB experienced a transitional period during which markets rebalanced following the decline in supply & price of crude oil in 2Q15.
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.