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$ARO said it received written notice from NYSE that the NYSE has determined to commence proceedings to delist the company's common stock due to an "abnormally low" trading price. The NYSE also suspended trading in $ARO's common stock effective immediately. The company does not plan to appeal the delisting determination.
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.