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$PXD increased its 2016 capital budget from $2Bil to $2.1Bil to cover the cost of the five horizontal drilling rigs being added during 2H16. The company raised 2016 production growth forecast from 12%-plus to 13%-plus to reflect improving Spraberry/Wolfcamp well productivity.
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.