Want to join the conversation?
During 1Q16, $SYF prepaid $2.7Bil in the aggregate of the Bank Term Loan. At March 31, 2016, total indebtedness outstanding under the Bank Term Loan was $1.5Bil and the weighted average interest rate was 2.34%. On April 5, company prepaid all remaining outstanding indebtedness under the Bank Term Loan.
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.