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$DLR said that on its renewal leasing activity, it retained 85% of 2Q16 lease expirations and signed just under $60MM of renewals in addition to new leases signed. The average cash releasing spread was up a little less than 3% overall with a positive cash mark-to-market across all property types.
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.