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$IVZ's assets under management (AUM) at Sept. 30, 2015 fell to $755.8Bil from $789.6Bil last year. During 3Q15, $IVZ experienced long-term net outflows of $3.9Bil. Net outflows during 3Q15 included net long-term outflows of active AUM of $1.6Bil and passive AUM of $2.3Bil.
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.