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Financial services firm $PNC announced the redemption of all outstanding Senior Notes due Nov. 1 issued by PNC Bank, National Association of $750,000,000. The securities have a distribution rate of 1.150%. The redemption price will be $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date.
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.