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Oil driller $HP said its international land segment has 14 rigs generating revenue days, including 10 in Argentina, 2 in the UAE, 1 in Colombia and 1 in Bahrain. The company expects international land quarterly revenue days to be slightly down by about 3% during 3Q16 and average rig margin per day to slightly increase to approx. $11,000 per day.
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.