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In its monthly activity report, $SCHW notes net new assets for Aug. 2015 came to $9.2Bil. That brought total client assets to $2.46 trillion, up 1% YoverY but down 4% from July 2015. Average interest-earning assets on the company's balance sheet came to a record $160.6Bil, up 16% YoverY and up 2% sequentially.
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.