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$STZ $STZ.B agreed to sell its Canadian wine business to Ontario Teachers' Pension Plan. The transaction is expected to close by the end of the calendar year. The company will continue ownership of Black Velvet Whisky and the related production facility in Lethbridge, Alberta, Canada.
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.