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Global insurance & annuity solutions provider $MET said that 4Q15 underwriting mainly in the US was less favorable than 4Q14 by $0.06 per share after adjusting for notable items in both periods. Property & Casualty, Corporate Benefit Funding and Retail Life are the primary drivers of the YoverY result.
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.