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Bank holding company $COF said that average loans held for investment in 4Q15 increased 4% to $220.1Bil helped by increases in the Domestic Card and Commercial Banking average loans. The company's period-end total deposits and average deposits, both rose 2% to $217.7Bil and $215.9Bil respectively.
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.