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$PXD said that it is starting a 20-mile, $25MM infrastructure project to both save water and cut costs for mutual benefit of $PXD and the city of Odessa. The project is the key component of an 11-year, $117MM agreement between $PXD and Odessa to provide Pioneer with millions of gallons of treated municipal wastewater for use in its operations.
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.