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The Manufacturing Business Outlook Survey's price indexes showed no signs of upward pressures this month. For the next six months, indicators reflecting firms' expectations held steady or improved. The diffusion index of current activity decreased from 8.3 in Aug. to -6.0 this month; the first negative reading since Feb. 2014.
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.