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At the end of 3Q15, $LH's cash balance and total debt were $713MM and $6.7Bil, respectively. During the quarter, $LH invested $8.3MM in tuck-in acquisitions and paid down $125MM of debt. Liquidity at the end of 3Q15 was approx. $1.7Bil, consisting of cash and available credit.
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.