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$CF Acquisition Update: CF Industries and Keytrade announced that principals of Keytrade, have purchased CF Industries’ interest in JV. Prior to this transaction, CF Industries held a 50% interest in Keytrade and reported financial results from CF Industries’ share in JV under Equity in Earnings of Non-Operating AffiliatesNet of Taxes.
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.