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$AMP 2Q15 Call: In long-term care disabled life reserve review, announced $32MM reserve increase. Auto & Home had operating loss, planned CAT loss of $23MM, but actual was $48MM. Booking reserves for 2015 accident year, at a level consistent with 2014 accident year loss ration assumption which was changed in 4Q15.
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.