Want to join the conversation?
On Feb. 11, $INN entered into a $27.5MM loan with ARC. $20MM of the proceeds were applied towards the purchase price of the 6 hotels sold in the Feb. closing and $7.5MM was applied towards the new earnest money deposit required by the reinstated purchase agreement. The loan has an initial maturity date of Feb. 11, 2017.
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.