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$PPL projects 4-6% growth in U.K. from 2017 through 2020. The company is not projecting any impact on the U.K. capital forecast in local currency as business plans have been accepted by the U.K. regulator Ofgem. $PPL will invest approx. $1Bil annually in each of its 3 business lines and the 5-year spending plan from 2016 to 2020 is about $15.4Bil.
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.