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Publisher & distributor of children's books $SCHL said that its BoD has authorized the repurchase of up to $200MM of the Company's common stock through a modified "Dutch Auction" tender offer, as well as converting space at its Broadway headquarters in New York to get more retail rental revenue.
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.