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$SYF's loan delinquencies as a percentage of period-end loan receivables fell with over-30 day delinquency rate declining to 4.06% at Dec. 31, 2015 from 4.14% last year, on improving asset quality trends and general improvement in the U.S. economy. Net charge-off rates fell 18 basis points to 4.33% from 4.51% reflecting these same trends.
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.