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$MMM's organic local-currency sales growth was 4.9% in Health Care, 2.7% in Consumer and 2.3% in Safety and Graphics, with falls of 1.4% in Industrial and 9.1% in Electronics and Energy. On a geographic basis, organic local-currency sales growth was 4.8% in Latin America/Canada, 3% in EMEA and 0.4% in the U.S., with fall of 5.4% in Asia Pacific.
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.