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$KO 1Q15 10-Q: Cash and cash equivalents were $8.21Bil vs. $8.96Bil in 1Q14. Long-term debt increased $7.02Bil, primarily due to the issuances of KO’s euro-denominated debt, partially offset by the early extinguishment of debt during 1Q15. Loans and notes payable decreased $4.75Bil and current maturities of long-term debt decreased $1.51Bil.
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.