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Nashville, Tennessee-based banking company $PNFP reported 1Q16 net income of $27.97MM or $0.68 per diluted share, up 28% versus $21.84MM or $0.62 per diluted share in 1Q15, helped by higher loans, including fees, service charges on deposit accounts, and gains on mortgage loans sold, net.
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.