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$UNH said it grew roughly 300,000 lives through 1Q16 and served 795,000 people on public exchanges as of March 31, 2016. The company expects this level to decline to around 650,000 by Dec. 2016. Through 1Q16, $UNH stated that it has seen no change in its estimates of cost from 2015 exchange period.
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.