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$PSA 2Q15 Q&A: Rose from Citi asked about Shurgard. Ron explained that right now Shurgard Europe is modestly leveraged, they adjusted another EUR300MM financing. So they have EUR600MM of term debt, average duration of about nine years. And they will be internally generating about EUR80-90MM of cash flow with really no requirements other than growth
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.