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$ON said the US FTC has accepted a proposed consent order for public comment and has terminated the Hart-Scott-Rodino waiting period applicable to $ON's proposed acquisition of $FCS. As per $FTC's request that $ON dispose of its planar insulated gate bipolar transistor business, $ON has signed a deal to divest the Ignition IGBT business to $LFUS.
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.