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U.S. Census Bureau: Inventories of manufactured durable goods fell for the sixth time in last 7 months in Nov by $1.1Bil or 0.3% to $395.7Bil. This followed a 0.3% Oct. decrease. Transportation fell for the fourth time in last 5 months by $0.8Bil or 0.6% to $129.8Bil.
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.