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During 3Q15, $DFS grew card receivables by 4%, in the middle of its targeted range. $DFS' organic student loan portfolio increased 17% and personal loans grew 12% over the prior year. Both are on track for record originations in 2015, as it had a peak season in student loans and is seeing increased personal loan applications from the broad market.
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.