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$SSS said it expects the acquisition of LifeStorage to close in 3Q16. Upon completion of the acquisition, $SSS will own 84 LifeStorage stores with a purchase contract for 3 additional certificates of occupancy deals to be delivered late 2016 and early 2017.
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.