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$CP revises offer for $NSC that is financially more attractive and dramatically reduces regulatory uncertainty for $NSC shareholders. $CP anticipates closing and listing of shares to occur on May 1, 2016. $CP estimates total value of stock and cash consideration to $NSC shareholders to be worth $125-140 per share at closing of deal.
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.