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$SPLS Acquisition Update: SPLS today issued a statement in response to the vote by Office Depot shareholders approving the acquisition by Staples. “We’re pleased that Office Depot shareholders have overwhelmingly approved this transaction,” said Ron Sargent, Chairman and CEO, Staples.
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.