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$CFG said it expects 3Q16 loan growth to be about 1.5%. Net interest margins are expected to be down slightly due to currency pressures. $CFG expects its CETI ratio (a measurement of a bank's core equity capital compared with its total risk-weighted assets) to be 11.3%. as it resumed buying back stock.
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.