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$AIV's 3Q15 pro forma funds from operations (FFO) rose 12% YoverY to $0.57 per share, driven by solid property NOI growth, increased contribution from redevelopments and acquisition communities, lower interest expense and higher income tax benefit. Net income declined 83.6% YoverY to $23.77MM on a revenue of $246.4MM, which was flat YoverY.
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.