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During 3Q15, $ETN incurred restructuring costs of $113MM, while savings in the quarter from the actions were $15MM. $ETN repurchased $284MM worth of shares, totaling $454MM of repurchases in 2015, approx. 1.5% of outstanding shares at the beginning of the year.
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.