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$BF.A $BF.B said it has agreed to buy The BenRiach Distillery for about GBP 285MM. When completed, the purchase will bring three outstanding Single Malt Scotch Whisky brands into Brown-Forman's growing whiskey portfolio: The GlenDronach, BenRiach, and Glenglassaugh. The transaction is expected to close on or about June 1.
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.