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$VAL said it is expanding production capacity at Singapore facility to meet increased demand for food and beverage packaging products in Asia Pacific region. This will come on line in 2017. The rise will enable it to manufacture higher volumes of both existing and new technologies, including non-BPA coating solutions for food and beverage markets.
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.