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$MAR said the new company will operate or franchise more than 5,700 properties and 1.1MM rooms, representing 30 brands in over 110 countries. With the completion of the $HOT acquisition, $MAR's distribution has more than doubled in Asia and the Middle East & Africa combined.
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.