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Provider of risk management and reinsurance brokerage $AON said that in 2Q16 organic revenue growth was 3%. This was highlighted by 4% growth in Retail Brokerage with 6% growth in the International Brokerage business. Operating margin rose 30 BP reflecting strong operating performance in Risk Solutions.
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.