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Oil and gas producer $OKE reported a 37.2% jump in 1Q16 earnings driven by higher volumes and increased fee-based earnings at $OKS. Net income rose to $83.45MM or $0.40 per share from $60.8MM or $0.29 per share last year. Revenues fell to $1.77Bil from $1.81Bil.
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.