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$COR announced the sale of 3MM shares of its common stock by investment funds affiliated with The Carlyle Group to J.P. Morgan, as the sole underwriter in connection with the offering. Investment funds affiliated with Carlyle Group will continue to hold an aggregate of 13.8MM partnership units in company's partnership, $COR said.
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.