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Guy Baber of Simmons asks about $MRO's 2017 framework of around $1.4Bil in spending. CEO Lee Tillman said that $1.4Bil is for the resource play. This does not include other capital requirements. He added that the bulk of $MRO's capital investment in 2017 will be allocated to the resource play.
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.