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REIT $FSP said that it has acquired Pershing Park Plaza, a nine-story Class A office building for approx. $45.5MM or approx. $284 per rentable square foot. Pershing Park Plaza is located at 1420 Peachtree Street, NE in Atlanta, Georgia. The company anticipates planned building capital investments (excluding leasing costs) of approx. $1.8MM.
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.