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$CBG invested approx. $1.6Bil in 9 acquisitions during 2015. The company ended the year with no outstanding borrowings on its $2.6Bil revolving credit facility, $470MM of available cash and short-term investments and net debt of just under 1.6 times normalized EBITDA.
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.