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$COP raised its 2016 production guidance to 1,540-1,570 thousand barrels of oil equivalent per day (MBOED), reflecting strong year-to-date performance across most of the portfolio. Production guidance for 3Q16 is 1,510 to 1,550 MBOED, which reflects significant planned turnaround activity during the quarter.
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.