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$CSGS said it announced the pricing of $200MM private offering of 4.25% convertible senior notes due 2036. The offering is expected to close on March 15, 2016, subject to customary closing conditions, and is expected to result in approx. $194.1MM net proceeds to the company.
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.