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$DHI expects short-term financing needs of operations to be funded with existing cash, cash generated from profits and borrowings available under homebuilding and financial services credit facilities. Long-term financing needs for growth of operations have been funded with issuance of senior unsecured debt securities through public capital markets.
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.