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Industrial real estate company $FR said it has signed long-term lease agreements at two of its developments. $FR leased 243,000 sq.ft. at its First 33 Commerce Center in the Lehigh Valley of Pennsylvania. This brings the project to 100% occupancy. $FR also signed a 50,000 sq. ft. lease at its First Arlington Commerce Center @ I-20 in Dallas.
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.