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$LLL had total cash and cash equivalents of $207MM at Dec. 31, 2015. While no amounts of the cash & cash equivalents are considered restricted, $153MM was held by $LLL's foreign subsidiaries. At Dec. 31, 2015, total outstanding debt was $3.64Bil & the company anticipates retiring an additional $300MM of aggregate principal amount of debt in 2016.
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.