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$APC said it extended the maturity of its $3Bil unsecured revolving credit facility to Jan. 2021 and received commitments to renew its $2Bil 364-day credit facility upon its expiration in Jan. 2016 to a new maturity in 2017. These extensions were achieved with no changes to covenants or pricing and with 100% participation from $APC's bank group.
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.