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$ANTM said for 1H16 it experienced favorable prior-year reserve development of $726MM, which was moderately better than its expectations. The company continues to be at the upper end of its range of mid to high-single digit margins for adverse deviation and believes its reserve balance remains consistent and strong as of June 30, 2016.
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.