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$SWKS said it has acquired the remaining 34% interest it did not already own in the filter joint venture it created with Panasonic in 2014 for $76.5MM. The acquisition is not expected to impact $SWKS' financial statements as operations have been consolidated with its financial statements since date of initial joint venture.
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.