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At March 31, 2016, $COP's balance sheet included a total environmental accrual of $263MM versus $258MM at Dec. 31, 2015, for remediation activities in the US and Canada. The company expects to incur a substantial amount of these expenditures within the next 30 years.
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.