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US REIT $MAC announced that its Board of Directors has authorized the repurchase of up to $1.2Bil of outstanding common shares over the next 24 months through open market purchases, privately negotiated transactions, structured or derivative transactions or other methods of acquiring shares, subject to legal requirements and market conditions.
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.