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On April 1, 2016, oilfield services company $SLB acquired all of the outstanding shares of Cameron International Corporation. Under the agreement, Cameron became a wholly-owned subsidiary of $SLB. The total fair value of the consideration transferred to effect the acquisition of Cameron was approx. $12.9Bil.
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.