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Subsequent to 2015-end, $AMG completed minority investments in Systematica Investments LP and Baring Private Equity Asia on Jan. 4, 2016, which will be accounted for under equity method of accounting. $AMG will continue to hold a significant portion of equity in their respective businesses & direct their day-to-day operations after the deals close.
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.