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$COF's average loans held for investment for 2Q16 increased by 2% to $230.4Bil, with Domestic Card average loans rising 1% and Consumer Banking average loans rising by 1%. Commercial Banking average loans increased 2%. Period-end total deposits declined less than 1% to $221.1Bil, while average deposits rose 1% to $221.1Bil.
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.