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In 1Q16, $RRC sold its non-operated interest in some wells and gathering facilities in Northeast Pennsylvania for $111.5MM and recorded a pretax loss of $2.1MM related to this sale. Also, company sold miscellaneous proved and unproved properties, inventory, other assets and surface acreage for $1.6MM resulting in a pretax gain of $443,000.
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.