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Savings and loan holding company $PBCT said that loan portfolio in 1Q16 grew $100MM or 1% annualized from 4Q15. Originated loan growth for 1Q16 totaled $132MM. Retail contributed $133MM of originated loan growth, driven by strong residential mortgage growth.
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.