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$CNC said it has closed its acquisition of Health Net.The closing of the transaction follows the approval of each company's shareholders and receipt of all required regulatory approvals. Effective March 24 with the closing of acquisition, Health Net is a wholly owned subsidiary of $CNC and no longer a publicly traded company.
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.