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ISM Mfg Index: The New Orders Index registered 56%, up 0.2 percentage point from the reading of 55.8% in May. Production Index registered 54%, 0.5 percentage point below the May reading of 54.5%. Employment Index registered 55.5%, 3.8 percentage points above the May reading of 51.7%, reflecting growing employment levels from May at a faster rate.
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.