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$SCHW's total client assets rose 1% to $2.42 trillion from a year ago, reflecting the $117.5Bil impact of reduced market valuations on client portfolios over the last 12 months. $SCHW finished 3Q15 serving 9.7MM brokerage accounts, 1MM banking accounts and 1.5MM retirement plan participants, up 4%, 6% and 6%, respectively, from last year.
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.