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Medical REIT $HR said its ratings including IDR have been affirmed by Fitch Ratings at BBB and the outlook remains stable. Fitch estimates $HR's sources of liquidity cover uses by 3.6x for period Jan. 1, 2016-Dec. 31, 2017. Liquidity is driven by the capacity on company's $700MM revolving credit facility and longer dated debt maturities.
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.