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Crude oil refiner $MPC announced its 2016 capital investment plan of $4.2Bil. The plan includes $1.5Bil for the refining and marketing segment; $400MM for Speedway, $MPC's retail subsidiary; and $2.2Bil for pipeline transportation segment, which includes $1.7Bil for $MPLX.
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.