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$RJF reported that in Aug. 2016 financial AUM grew 9% to a record $74.4Bil versus Aug. 2015. Total net loans at Raymond James Bank grew 17% to $14.8Bil over Aug. 2015. The growth was mainly driven by resumption of commercial and industrial 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.