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For 2016, $PLD expects year-end occupancy to be between 96-97% and the share of GAAP same-store NOI growth to be between 3.5-4.5%. $PLD expects FFO from development stabilizations to be $0.10-0.12 per share. At the midpoint of net capital deployment, $PLD will generate proceeds of about $400MM.
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.