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$CTL said as part of its strategic review process of its data centers and co-location business, it has established a separate data center/co-location organization including a separate management team. The company is exploring all options ranging from an outright purchase of data centers and co-location business, a partnership and/or a JV.
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.