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Billionaire investor Carl Icahn said he recently acquired a "large" position in drugs major $AGN. In a statement published on his website, Icahn added that he is "very supportive" of $AGN CEO Brent Saunders. Icahn, however, did not disclose the size of the investment.
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.