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US commodity distribution company $GPRE announced the completion of an ethanol facility acquisition in Hereford, Texas. This will be $GPRE's 14th ethanol plant, bringing its total production capacity to more than 1.2Bil gallons per year. $GPRE expects to offer the facility's transportation and storage assets to its master limited partnership, $GPP.
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.