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$CSAL, a real estate investment trust, said it will acquire infrastructure solutions provider PEG Bandwidth for about $409 MM. The transaction, subjected to regulatory approvals and other customary terms and conditions, is expected to close in April 2016.
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.