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$AVB 2Q15 Call: This quarter, we have marked the rents to market on 10 of our 29 development communities and rents of those 10 are running $200 per month above the initial underwriting, which in turn is driving a 50 bps increase in the yield on those deals at 7.1%.
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.