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$KEX said the purchase consists of 27 inland tank barges and 13 inland towboats, plus one tank barge and one towboat currently under construction. Also, as part of the deal, $KEX will transfer to $CKH the ownership of a Florida-based ship docking tugboat.
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.