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$IRM anticipates to close the Recall deal in early 2016. To prepare for closing, in 3Q15 $IRM incurred about $15MM of professional and advisory fees including cost to prepare for Recalls REIT conversion. $IRM expects about $25-30MM of additional Recall costs in 4Q15.
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.