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$MPW said it has closed merger of its investment in the operations of Capella Healthcare and RegionalCare Hospital Partners, and the related prepayment of two mortgages on Capella hospital facilities. Net proceeds from the transactions were used to reduce the company's borrowings by about $550MM.
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.