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Morris Ajzenman of Griffin Securities asks about the competitive & pricing pressure, if it's causing market share loss. $DAKT CEO Reece Kurtenbach said in its key markets the company has a significant market share and are able to maintain that. Some growth has been there at $DAKT's Asian competitors, but there the company is not a player today.
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.