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In Oct., $NBL acquired non-operated 20% working interest in Block 54 offshore Suriname via farm-in from Tullow Oil, which is operator with 30% interest. The initial phase of exploration on block requires purchase of 3D seismic survey, which has been completed and is currently being processed.
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.