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$MNST 2Q15 Call: The transaction was finally closed with the Coca-Cola Company on June 12, 2015. Under the agreement, the Coca-Cola Company acquired an approx. 16.7% ownership interest in Monster following the issuance of shares to the Coca-Cola Company. The Coca-Cola Company also transferred ownership of its worldwide energy business to MNST.
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.