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$PBCT's 3Q15 average total earning assets grew $3.1Bil versus 3Q14, mainly reflecting increases of $1.9Bil in average total loans and $1.2Bil in average securities. Average total funding liabilities grew $3Bil versus last year, reflecting a $3.2Bil increase in average total deposits partially offset by a $139MM decrease in average total borrowings.
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.