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$YUM said certain subsidiaries that operate its KFC, Pizza Hut and Taco Bell businesses have priced their previously announced notes offering and have agreed to issue and sell $1.05Bil principal amount of 5% Senior Notes due 2024 and $1.05Bil principal amount of 5.25% Senior Notes due 2026. The senior notes will be sold to investors at par.
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.