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$KRFT M&A Update: Kraft Foods Group, Inc shareholders today voted to approve the previously announced merger agreement providing for the creation of The Kraft Heinz Company. The merger to close after market close tomorrow, July 2, 2015, subject to certain customary closing 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.