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3Q15 revenue declined 9%, as pricing gains were more than offset by lower fuel recovery, continued transition in $CSX's business mix, and a 3% volume decline. Operating income was $933MM and operating ratio was a 3Q record of 68.3%. Low commodity prices and the strength of the US dollar continue to challenge many of $CSX's other markets.
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.