Want to join the conversation?
Energy company $DVN said that it has agreed to sell its 50% ownership interest in Access Pipeline to Wolf Midstream Inc. for CAD 1.4Bil, using current exchange rates. Under the terms of the agreement, The company's thermal-oil acreage is dedicated to Access Pipeline for an initial term of 25 years. The transaction is expected to close in 3Q16.
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.