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$WFC's deposit growth continued in 2Q15 with period-end deposits up $17.5Bil, or 1%, from Dec. 31, 2014. This increase reflected growth across both the commercial and consumer businesses. $WFC's average deposit cost was 8 BP, down 2 BP from a year ago.
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.