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Javier Escalante of Consumer Edge Research asks about volume and pricing between developed and emerging markets, especially Europe. $PG CFO Jon Moeller said volume in developing was down 5% & developed was up 3%. Organic sales growth in developing was down 1% & developed it was up 2%. So, price mix was plus 4% in developing & down 1% in developed.
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.