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In order to address the Department of Justice's competitive concerns regarding the $HUM-$AET merger, $HUM said the company and $AET have entered into definitive asset purchase agreements to sell some of their assets to Molina Healthcare for about $117MM.
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.