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Investor-owned energy giant $ED said that in April 2016, a CET Gas subsidiary agreed with a subsidiary of Crestwood Equity Partners LP to form a JV to own, operate & develop existing natural gas pipeline and storage businesses in northern Pennsylvania and southern New York. Crestwood will contribute these businesses to Stagecoach Gas Services LLC.
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.