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$HSY's 3Q15 interest expense of $18.6MM, down $2.5MM vs. last year or 11.9%. For full year, $SHY expect interest expense at the low end of $75-80MM range. The adjusted tax rate was 33.5% for the quarter, greater than previous estimate of 30%, due to the timing of US investment tax credits & tax-related adjustments to Golden Monkey operating loss.
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.