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$ES, which competes with $NI said its parent issued $500MM of senior notes in March. $250MM of five-year notes with a coupon of 2.5% and $250MM of ten-year notes with a coupon of 3.35%. $ES is making good progress on its two large reliability projects, the Greater Boston Reliability Solutions and the Greater Hartford Central Connecticut Solutions.
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.