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BEA International Trade: Goods deficit with China increased from $27.5Bil in April to $30.6Bil in May. For the European Union, goods deficit increased from $11.9Bil in April to $13.4Bil in May. And goods surplus with South and Central America increased from $3Bil in April to $4.2Bil in May.
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.