Want to join the conversation?
$BBG closed previously announced sales of non-core properties located in the Uinta Basin and DJ Basin, respectively, for net cash proceeds of about $56MM. The sale of these properties did not result in reduction of borrowing base related to revolving credit facility. The proceeds will be used for general corporate purposes.
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.