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$TLRD said it ended 1Q16 with $36MM in cash and no draw against its revolving credit line. The company still has full liquidity backup from the $500MM revolver. As of now, the company's long-term debt is about $1.620Bil. $TLRD has approximately $5MM in remaining scheduled payments in FY16.
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.