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$TNGO said it has acquired Vodafone's existing TEM technology and a majority of Vodafone's TEM employees have transferred to $TNGO. Also, $TNGO acquired some of the TEM contracts from Vodafone and the rest will be serviced by $TNGO as part of the strategic partnership.
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.