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$BAC's total loans and leases for 3Q16 rose to $905Bil from $882.1Bil in the previous year quarter. Total assets rose to $2.19 trillion from $2.15 trillion and total deposits grew to $1.23 trillion from $1.16 trillion. Common shareholders' equity rose to $244.9Bil from $233.6Bil, while long-term debt fell to $225.1Bil from $237.3Bil.
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.