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$CTSH said TRC Capital has made an unsolicited mini-tender offer dated March 8, offering to buy 2MM shares at $53.50 per share in cash, about 4.34% below closing price of company's stock on March 8. $CTSH does not endorse TRC's offer and recommends that stockholders reject this offer and not tender their stock.
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.