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Food service company $BOBE said that at BEF Foods, the refrigerated side dish facility expansion is nearly completed and the company expects to bring in new capacity online later in the summer. The additional production line at $20MM capital commitment expands the company's ability to meet peak holiday demand for greater number of customers.
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.