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$HON's effective tax rate rose by 0.8 percentage points in 2015 vs. last year. The increase was mainly attributable to decreased tax benefits from the resolution of tax audits, offset by increased tax benefits from manufacturing incentives. $HON's non-U.S. effective tax rate was 19.5%, a decrease of approx. 1.8 percentage points compared to 2014.
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.