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With regards to REIT getting their own Global Industry Classification Standard sector later this year, Jefferies analyst George Hoglund asked for $FRT's plans for that. CEO Don Wood said the management is taking regular trips to Europe and other places to talk to generalists, and the company has already got some interested generalist investors.
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.