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$MET said that 4Q15 operating earnings of $1.4Bil included VII of $71MM after DAC and taxes, higher than budgeted cat losses partially offset by favorable prior year reserve development, which decreased operating earnings by $9MM after-tax, and the one-time tax benefit in Argentina which rose earnings by $31MM after-tax.
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.