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$SNH said that 2Q16 same-store property expenses fell $897,000 mainly due to controlling costs in its managed senior living communities, while continuing to provide high-quality services to its residents. This was partially offset by increases in OpEx at the company's MOBs, particularly real estate taxes, which are largely recoverable from tenants.
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.