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$STZ's existing accounts receivable securitization facilities were amended on Sept. 28, 2015, resulting in the extension of each facility for an additional 364-day term. In addition to this, the newly amended CBI Facility provides borrowing capacity of $235-330MM and the newly amended Crown Facility provides borrowing capacity of $100-190MM.
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.