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Oil and natural gas producer $DVN said it has agreed to sell its remaining non-core assets in the Midland Basin for $858MM, thus bringing total announced non-core transactions to $2.1Bil. These transactions include the company's upstream assets in the southern Midland Basin and its undeveloped leasehold in Martin County, Texas.
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.