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For 4Q15, on a revenue basis, 28% of $O's total acquisitions are from investment grade tenants, 89% of revenues are generated from retail and 11% are from industrial. The company closed 14 independent transactions in 4Q15 and the average investment for property was $2MM.
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.