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Specialty chemicals company $ALB said it has completed sale of its Mineral Flame Retardants and Specialty Chemicals businesses to Huber Engineered Materials. The transaction included Albemarle's Martinswerk subsidiary and manufacturing facility located in Bergheim, Germany and Albemarle's 50% ownership interest in MAGNIFIN Magnesiaprodukte GmbH.
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.