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$CME 2Q15 Q&A: Ken of JP Morgan asked about spread between LCH and CME. Sean explained that in terms of base itself, in early May, basis did the jump. So, in the 10-year sector, it went from around the quarter of basis points out to a peak of 2.35 BPs. Once basis jumped, CME will decide to issue its own specific CME curve foreign state swaps.
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.