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$NTRS reported higher 1Q16 results, helped by a strong growth in net interest income as well as trust, investment and other servicing fees. For the first quarter, the company reported earnings of $241.8MM, or $1.01 per share, compared with $230.7MM, or $0.94 a year ago. Revenue rose 5% to $1.19Bil.
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.