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CEO David Hager said "As commodity prices recover, $DVN has significant leverage to rising oil, natural gas and natural gas liquids prices. For every $1 increase in realized price on a BOE basis, $DVN generates more than $200MM in net incremental cash flow annually."
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.