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$COP said that in 1Q16 production is expected to be between 1,540 and 1,580 MBOE per day. Production will be lower in the second and third quarts due to the usual downtime from major turnarounds. In 4Q16, the company will increase production associated with major projects at places like Surmont 2 and APLNG.
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.