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Consumers Energy, the principal subsidiary of $CMS, expects to make capital investments of about $17Bil from 2016 through 2025. During 2015, Consumers purchased a natural gas-fueled electric generating plant for $155MM, to address future capacity requirements after the planned retirement of seven coal-fueled electric generating units by April 2016.
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.