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$CCI sold its 77.6% owned Australian subsidiary, CCAL, to a consortium of investors led by Macquarie Infrastructure and Real Assets on May 28, 2015. As part of the sale, in Jan. 2016, $CCI is entitled to receive an installment payment of $124MM from the buyer, inclusive of the impact of the related foreign currency swap.
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.