Want to join the conversation?
$CF 2Q15 Q&A: Samuelson of Goldman Sachs asked about call option to purchase the remaining 35% of the OCI gasoline project. Tony said, it’s done at same valuation as the original 45% purchases with equity appreciation for the developer owner OCI of about 10% per year going forward. Gives them a fair return to continue to develop to bring it online.
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.