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$TMO's short-term debt was $3.03Bil as of Sept. 26, 2015, including $2.3BIl of senior notes, due in the next 12 months and $0.73Bil of commercial paper (CP) obligations. $TMO has a revolving credit facility with a bank group providing up to $2Bil of unsecured multi-currency revolving credit. Alfa acquisition was mainly funded through CP borrowings.
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.