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Motor fuel retailer $CST said it is exploring alternatives to further enhance stockholder value. BoD will oversee the process through a committee of outside, independent directors. The review process will include a fresh look at some of $CST's previous initiatives and plans. BofA Merrill Lynch will advise the company, and $JPM will be co-advisor.
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.