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Long-term debt at Sept. 30, 2015 was $2.05Bil compared to $1.15Bil at Dec. 31, 2014. The increase was due to borrowings of $1.65Bil under $FMC's senior unsecured term loan facility. The proceeds were used to finance the Cheminova acquisition and to pay costs, fees and expenses incurred in connection with the acquisition and the term loan facility.
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.