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$TROW's 2Q16 earnings were reduced by a charge the company took in the quarter related to a Dell appraisal rights issue. $TROW, which opposes Dell going private, accidentally voted in favor of the move. $TROW, which owns shares of Dell through funds, had to compensate for the error, and that resulted in the $166.2MM charge.
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.