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$RF 2Q15 Q&A: Pancari of Evercore had a question on margin guidance. David explained that margins remained relatively stable throughout last year, as one to two points either side of current value and expects the same for the remainder of FY15. If rates go up and have loan growth, should see margins improve.
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.