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$MTB's net interest income for 2Q16 grew by 26% to $863.82MM from the previous year quarter. This increase resulted predominantly from a 28% jump in average earning assets, which reflects the November 2015 acquisition of Hudson City Bancorp that added about $17.2Bil in average loans in the recent quarter.
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.