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$RF 1Q15 10-Q: During 1Q15 and 1Q14, RF purchased approx. $256MM and $246MM, respectively, in indirect loans from a third party. At March 31, 2015, $13.3Bil in loans held by RF were pledged to secure borrowings from the Federal Home Loan Bank. At March 31, 2015, an additional $30Bil of loans held by Regions were pledged to the Federal Reserve Bank.
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.