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$GLW said it has realigned the company's interest in Dow Corning. As a result of the realignment, a newly formed entity, which will become a wholly owned subsidiary of the company, will hold about 40% ownership in Hemlock Semiconductor and $4.8Bil in cash.
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.