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$NEE says it will sell $700MM of equity units to Barclays, Mizuho Securities, and Wells Fargo Securities, each consisting of a contract to purchase NEE common stock in the future plus a 5% undivided beneficial ownership interest in a NextEra Energy Capital Holdings debenture. The transaction is expected to close on Sept. 16, 2015.
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.