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$HES said it will redeem all outstanding 1.3% Notes due June 15, 2017. The Notes will be redeemed on Oct. 28, 2016 at a redemption price to be calculated ahead of redemption date. $HES plans to use the proceeds from its recent note offering to fund the redemption of the notes.
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.