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$NEE said some funds advised by investment manager, Fidelity Management, which are creditors of EFH, have signed an amended plan support deal with EFH and $NEE, which is included in EFH's reorganization plan. $NEE expects to file with Oncor a joint application with the Public Utility Commission of Texas requesting approval of the proposed deal.
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.