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$HLX said it sold its 50% interest in Deepwater Gateway, L.L.C. (owner of the Marco Polo platform) to a subsidiary of Genesis Energy, L.P. for $25MM. The company said the sale is part of its strategy to focus on its core businesses, well intervention and robotics.
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.