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$MTB said that its Common Equity Tier 1 ratio under the current transitional Basel III capital rules was at an estimated 11.01%, versus 11.06% at the end of 1Q16. The company stated this reflects earnings retention less $154MM of share repurchases during 2Q16, as well as net loan growth.
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.