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$FCX said it and its subsidiaries, Freeport-McMoRan Oil & Gas (FM O&G) and FCX Oil & Gas (FCX O&G), have started solicitation of consents to revise the contract governing Senior Notes 6.125% due 2019, 6.50% due 2020, 6.625% due 2021, 6.75% due 2022 and 6.875% due 2023 of FM O&G and FCX O&G, totaling $2.3Bil principal amount as of Sept. 9.
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.