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$LOW 1Q15 10-Q: As of May 1, 2015 total assets were $34.42Bil and total liabilities were $24.95Bil. During 1Q15-end, one operating location experienced a triggering event and was determined to be impaired due to a decline in cash flow trends and an unfavorable sales outlook, resulting in an impairment loss of $5MM.
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.