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Equity exchanges operator $ICE said the NYSE Amex Options platform of the NYSE MKT exchange will commence trading of Binary Return Derivatives (ByRDs) on April 21. ByRDs are a new listed equity options product with limited profit potential and defined risk for buyers and sellers. ByRDs are cash-settled and exercisable only at expiration.
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.