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BMO Capital Markets analyst Andrew Kaip questions about Euromax's Ilovitza project. $RGLD says that it doesn't have a time schedule for this project. There are still some deliverables that they have to achieve before the company can put a timeframe around that. $RGLD said that it will look for an appropriate time to invest into it.
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.