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$PRGO signed a licensing agreement with Highland Pharmaceuticals for its Tarex methamphetamine blocking technology and the distribution rights of Zephrex-D. Zephrex-D, used for stuffy nose and sinus, was developed using the Tarex technology. This agreement is part of $PRGO's ongoing efforts in the fight against meth drug abuse, the company said.
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.