Want to join the conversation?
$AMSG priced its underwritten public offering of 5.5MM common shares at $80 per share. The net proceeds from the offering will be about $422MM, after estimated issuance discounts and commissions. $AMSG has granted the underwriters 30-day option to purchase up to additional 825,000 common shares.
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.