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$MDLZ's CapEx was $1,178MM in the first nine months of 2015, up $49MM YoverY. CapEx was made primarily to modernize manufacturing facilities and support new product and productivity initiatives. $MDLZ expects 2015 CapEx to be up to $1.8Bil, including CapEx required for investments in systems and the 2014-2018 Restructuring Program.
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.