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$EXLS has acquired IQR Consulting Inc., a US-based provider of marketing & risk analytics solutions for the banking industry. IQR will help $EXLS accelerate its analytics growth in the banking & financial services industry. IQR will become part of EXL Analytics and maintain its delivery hub in Ahmedabad, India. Transaction terms were not disclosed.
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.