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$AFL, which competes with $CI, said it has approx. $13Bil of dollar bond program hedged with forwards at an estimated full-year average pre-tax cost of roughly 110 BPs. The company added that the 110 BP range is a practical pre-tax estimate for the company's full year cost expectations on its existing portfolio.
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.