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$MTB's average earning assets for 2015 increased by 12% from last year. This was due predominantly to higher average balances of loans and leases and investment securities. Loans and investment securities obtained in the acquisition of Hudson City added about $3.1Bil and $409Mm to average earning assets in 2015.
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.