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$EQIX is accelerating its leadership position in Japan by expanding its data center footprint. $EQIX has announced to acquire Japanese firm Bit-isle and the transaction is expected to close in 4Q15. By acquiring Bit-isle, $EQIX will become the fourth largest data center operator in Japan.
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.