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In the commercial business, there is good loan activity which $FITB expects will continue into 4Q15 supported by diverse origination activity. Full-year 2015 commercial loan growth is expected to be approx. 4%. $FITB expects a slight downtick in 4Q15 for NIM and NII.
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.