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$SO said it now has 11 regulated electric and natural gas distribution companies providing service to about 9MM customers with a projected regulated rate base of about $50Bil. $SO has nearly 200,000 miles of electric transmission and distribution lines and more than 80,000 miles of natural gas pipelines and generating capacity of about 44,000 MW.
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.