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In North America, $HAL saw an unprecedented decline in activity, said CEO Dave Lesar, but he is pleased with the performance relative to the overall market. From the 2014 peak, completions related activity declined about 33% relative to a 64% reduction in the US land rig count, added Dave.
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.