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Performance materials provider $APD said it will increase prices globally for process materials and advanced materials supplied by its Electronics business effective immediately or as contracts permit. These price increases are necessary to recover increasing raw materials, production costs and R&D activities among others.
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.