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$A 3Q15 Q&A: Peterson from JPMorgan asked about what drove 1% decline in core order growth, where were you most surprised to get relative to your own expectations. Mike replied the order results for the quarter matched our own internal forecast, so we really weren’t surprised. The business developed as we had anticipated.
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.