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$BBT 2Q15 Call-Daryl, CFO: Our credit quality was excellent. Net charge-offs were 33BP, down 3%; excluding regional acceptance it was 20BP. Loans past due increased 4%. Going forward, we expect net charge-offs including Susquehanna to be between 35-45BP in 3Q15. NPAs declined 5% & commercial NPLs declined 12% from 1Q15 & expect NPA to remain stable
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.