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$TYC will be able to close the $JCI merger a month ahead of its schedule and hit the ground running. As a result of the integration planning work, the company is confident that it will be able to realize $1Bil of savings related to previously announced merger synergies and productivity initiatives, said CEO George Oliver.
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.