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$EMR 3Q15 Q&A: McCarthy of Stifel Nicolaus asked if there is an issue of share loss on challenging numbers across the board. David answered that China business has held up reasonably well for the last 18 months. In China, has strong markets relative to strategic state-owned enterprises which are really cut back on spending in last 3-4 months.
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.