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Michael Lapides of Goldman Sachs asks about regulated utilities, growing earnings faster vs. slower. $DUK said Ohio, Florida, Indiana and Carolina all have strong growth potential. The company looks at each utility individually in terms of growth potential and is prioritizing investment to maximize the total company value.
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.