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$WM recognized net charges of $82MM during the year ended Dec. 31, 2015, primarily related to $66MM of charges to impair certain of its oil and gas producing properties as a result of the continued decline in oil and gas prices. At Dec. 31, 2015, $WM's remaining book value in these investments was $30MM.
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.