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$AOS said its BoD approved a two-for-one split of its stock in form of 100% stock dividend payable to holders of Common Stock and Class A Common Stock. The record date for stock dividend is Sept. 21 and payment date is Oct. 5. Holders will get 1 additional identical share of such class of stock for every share they own as of record date.
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.