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Risk management services firm $AJG said it has acquired Joseph Distel & Co, Inc. in Farmington, Connecticut. Terms of the transaction were not disclosed. Joseph Distel & Co., Inc. (Distel) is a managing general agent and wholesale insurance broker. They specialize in insurance coverage for the transportation industry.
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.