Want to join the conversation?
On Sept. 30, 2015, $GE announced that it had agreed to sell its tank car fleet assets and railcar repair facilities to Marmon Holdings and $WFC to buy $GE's railcar leasing business. The tank car sale was closed immediately. Railcar repair deal is slated to close in 4Q15 and $WFC deal is expected to close in 1Q16. Deal terms weren't 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.