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$TMK said in 2Q16 Part D had a negative impact on excess investment income of approx. $2.5MM compared to negative impact of $2.3MM in the year ago quarter. For the full year 2016, the company expects excess investment income to grow by about 1-2%. On a per share basis, $TMK expects to see an increase of about 5-6%.
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.