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John Baumgartner of Wells Fargo asks if any changes or improvements have been made in the company's pricing mechanisms. $DF said that the company has put in a pricing team that has got some new tools that has made $DF more effective in its pricing. Secondly, the investment made behind the brands have allowed to expand margins.
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.