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Palo Alto, California-based $HPQ said that the company's product portfolio across the board is its best ever. The company's $1Bil productivity initiatives are on track and $HPQ is also accelerating the restructuring plan by increasing the FY16 employee reductions to approx. 3,000.
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.