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Houston, Texas-based $PWR said the electric distribution market has been growing and it expects distribution investments could continue to grow. With a recent estimate showing that North American electric distribution construction spending to exceed $35Bil through 2020, the company said it has a positive long-term outlook for its electric segment.
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.