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$HBHC's total loans at Sept. 30, 2016 rose by about $35MM to $16.1Bil from June 30, 2016. Excluding the energy portfolio, loans would have increased 3% linked-quarter annualized. This rise is driven by growth in healthcare lending, equipment finance and mortgage lending. Average loans declined for 3Q16 by $36MM to $16Bil.
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.