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$CPGX said the Committee on Foreign Investment in the United States on May 13 notified $CPGX and $TRP that its investigation of the proposed acquisition of $CPGX by $TRP was complete and that there were no unresolved national security concerns with respect to the proposed transaction. $CPGX and $TRP still see deal to close in 2H16.
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.