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Leap Therapeutics and $MCUR announced signing of definitive merger agreement whereby $MCUR will become a wholly owned subsidiary of Leap, and Leap will become a public company. Leap will apply to have the shares of the combined entity listed for trading on NASDAQ upon completion of merger. The transaction is expected to close near year-end.
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.