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US homebuilder operator $PHM said that with 143,000 lots currently under control, the company is maintaining a very strong land pipeline on which to operate over the next few years. The company's stated capital allocation priorities are first to invest in high returning land and then return excess funds to shareholders.
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.