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$PNC's non-interest expense for 3Q16 rose to $2.39Bil from $2.35Bil a year ago. This increase reflects higher variable compensation costs associated with increased business activity and investments in technology and business infrastructure as the company continued to focus on disciplined expense management.
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.