Want to join the conversation?
At closing, $MPC will own about 9.2% indirect interest in the pipeline system in exchange for a $500MM investment. Company also expects its subsidiary to become a committed shipper on the Bakken Pipeline system. The system is expected to be ready for service by end 2016.
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.