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$KEY's expense guidance for FY15 remains unchanged. For 4Q15, $KEY expects expenses to be in line with 3Q15, excluding the pension charge. For FY15, $KEY expects avg. loans to grow in mid single-digit range; net interest income growth in the low single-digit range; and net charge-off below the targeted range of 40-60 BP.
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.