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$MTB's common equity Tier 1 ratio under the current transitional Basel III capital rules was an estimated 10.76%, compared to 11.01% at the end of 2Q16. This reflects earnings retention, less $350MM of share repurchases during 3Q16, $110MM in dividends paid during the quarter, as well as the impact of net asset growth.
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.