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Specialty engineered products manufacturer $IEX said it completed the previously announced acquisition of Akron Brass Holding Corporation in an all-cash transaction for $224.2MM on a cash-free, debt-free basis, subject to customary post-closing adjustments.
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.