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$AJG announced purchase of Hogan Insurance Services, located in Westlake Village, California. Terms of transaction were not disclosed. Robert Hogan and his team will continue to operate in their current Westlake Village location under direction of James McFarlane, Western Regional Manager of $AJG's retail property/casualty brokerage operation.
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.