Want to join the conversation?
$ALLE agreed to sell a majority stake in its Bocom Wincent Technologies business thereby recording a charge of $84.4MM in 3Q15. On Sept. 1, 2015, the company completed the acquisitions of SimonsVoss Technologies GmbH for approx. $230MM and AXA Stenman Holding for approx. $208MM.
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.