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$LM 1Q16 Call: Revenues grew modestly and bottom line included the effect of seasonal deferred compensation expense. Recorded fifth straight quarter of net long-term inflows driven by Western Asset, Brandywine Global, QS Investors and Martin Currie.
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.