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$URI 2Q15 PR: FY15 Guidance: Revenues will be in range of $5.8-5.9Bil. Adjusted EBITDA will be in range of $2.80-2.85Bil. Increase in rental rates will be approx. 0.5%. Time utilization will be approx. 67.5%. Net rental CapEx after gross purchases will be approx. $1.1Bil. Free cash flow will be in range of $725-775MM.
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.