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Financial services company $ETFC said its Daily Average Revenue Trades (DARTs) for Aug. 2016 fell 2% to 143,831 versus July 2016 and down 20% from Aug. 2015. Company added 31,481 gross new brokerage accounts in Aug. 2016 and ended the month with about 3.3MM brokerage accounts, up 7,308 from July 2016.
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.