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Coatings products maker $SHW and $VAL announced that the companies have each received a request for additional information and documentary material from the US Federal Trade Commission in connection with $SHW's pending acquisition of $VAL. $SHW expects the transaction to close by end of 1Q CY 2017.
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.