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$UPS said that its is adding network capacity, achieving greater efficiency through technology, deploying industry-specific solutions and expanding in high-growth markets. In Europe, the company has completed about one-fourth of the projects related to the $2Bil capital investment plan. $UPS announced new automated facilities in Belgium and France.
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.