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Independent energy company $NFX said it raised its production expectations for 2Q16 and FY16. Net production for 2Q16 is now expected to exceed the mid-point of guidance by approx. 0.5 MMBOE and is estimated to be about 15.2 MMBOE, up from previous range of 14.4-14.9 MMBOE.
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.