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DVD price wars
Wal-Mart Stores Inc. is upping the ante heading into the holiday season, trimming the online preorder prices of some upcoming DVDs following last month’s price cut on books. The move led rivals Amazon.com Inc. and Target Corp. to reduce the prices of some online preorder DVDs, which pushed Wal-Mart to take a few more cents off its offerings.
The world’s biggest retailer said late Thursday that it would lower the online prices of new DVDs such as “Harry Potter and the Half Blood Prince” and “Star Trek” to $10. But when Amazon reduced some of its DVD prices to $9.99, Wal-Mart shot back by lowering its DVDs to $9.98 as of Friday morning.
Verizon fees
Verizon Wireless plans to double the fee customers must pay for terminating a smart-phone contract early. Termination fees for Research in Motion Ltd.’s BlackBerrys, new Droid devices and other smart phones will rise to $350 from $175 on Nov. 15, Verizon spokesman Jim Gerace said. Charges for ending contracts early on regular mobile phones will stay at $175.
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