Want to join the conversation?
$IVZ said it will take advantage of current price of its shares by executing accelerated share repurchase program, on confidence in fundamentals of business over long term. $IVZ plans to enter into accelerated share repurchase deal with Morgan Stanley to repurchase $150MM of common stock. Final settlement is expected to occur no later than 3Q16.
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.