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$CMS said that over the next 10 years, it invest over $17Bil in both its electric and gas businesses with 37% of this investment in the company's growing gas business. The company said that it has opportunities to increase spending further on infrastructure, as well as replacing large PPAs. This could be in the range of $3-4Bil.
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.