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$OMC 1Q15 10-Q: On March 26, 2015, OMC entered into $1Bil receive floating pay fixed forward-starting 10-year interest rate swap in connection with upcoming maturity of $1Bil 5.9% Senior Notes on April 15, 2016. At March 31, 2015, OMC recorded liability of $4.2MM, which is included in long-term liabilities and related loss of $2.5MM.
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.