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Southern Power, a subsidiary of $SO, has agreed to acquire the 151-megawatt Grant Wind facility in Oklahoma from Apex Clean Energy. Southern Power's renewable ownership is likely to reach over 1,600 MW with the addition of the Grant Wind facility. The acquisition is expected to close in March 2016 upon successful completion of project construction.
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.