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Payment systems company $ACIW said it has completed the sale of its Community Financial Services business to $FISV. The deal includes employees, customer contracts, technology assets and intellectual property. The sale enables $ACIW to focus on its key areas, aligning investments, resources and energy on strategic products and initiatives.
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.