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$CMI's global pension plans were 108% funded at Dec. 31, 2014. Its US qualified plan, which represents about 56% of the worldwide pension obligation, was 119% funded and its UK plan was 113% funded. $CMI expects to contribute $175MM to its global pension plans in 2015.
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.