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$ENB and $SE agreed to merge. Al Monaco will continue to serve as President and CEO of the combined company. Greg Ebel will serve as non-executive Chairman of $ENB's BoD. $ENB's BoD is expected to have a total of 13 directors consisting of 8 members designated by $ENB, including Monaco, and 5 members designated by $SE, including Ebel.
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.