Want to join the conversation?
$WDC said it received regulatory approval from China's Ministry of Commerce in connection with the planned acquisition by Western Digital Technologies, a unit of $WDC, of $SNDK. The decision completes the regulatory review process required for this transaction, the company said. $WDC expects the transaction to close on May 12.
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.