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$EMN said its Additives & Functional Products segment sales rose 10.9% to $541MM, helped by sales of products of the acquired Taminco business. Adhesives & Plasticizers sales fell 13.1% to $272MM, due to lower selling prices. Advanced Materials sales rose 3.6%, and Fibers and Specialty Fluids & Intermediates segments recorded a fall in sales.
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.