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$MGT said that on Sept. 2 it along with John McAfee filed a lawsuit in the US District Court, Southern District of New York seeking a judgment that its use of "John McAfee Global Technologies, Inc." does not infringe upon any trademark rights of $INTC or breach any agreement between the parties.
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.