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Leadership consulting company $HSII said it has agreed to purchase New Jersey-based leadership consultancy Philosophy IB. Philosophy IB was established by founding partners Christine Lotze and Kaveh Naficy. Lotze, Naficy and Stephen Tavares will join $HSII as partners when the transaction closes following the completion of customary conditions.
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.