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$SLG said it sold 40% interest in Eleven Madison Avenue, to PGIM Real Estate, real estate investment business of PGIM, global investment management businesses of $PRU. The transaction values 2.3MM-square-foot, Class-A Midtown South office property at $2.6Bil, inclusive of costs associated with lease stipulated improvements to property.
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.