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$ICE said its equity options volume rose 11% for 1Q16 compared to the year ago due to market volatility. Equity options revenues, net of transaction-based expenses declined 11% to $28MM for the quarter from $31MM in 1Q15. $ICE also said its equity options rate per contract fell YoverY due to increased market maker rebates at higher volume levels.
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.