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$FCE.A $FCE.B has closed the sale of the Terminal Tower, a 597,000-square-foot office building in downtown Cleveland, to a K&D Group affiliate for $38.5MM. Its corporate office location has been in Terminal Tower since 1997, and the company is actively exploring new options, though no change is expected before the end of 2017, at the earliest.
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.