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$SWN CEO Bill Way said that future cash flows generated from currently producing wells in Midstream assets more than exceed the total debt obligations for the company. Liquidity position of the company is strong with $1.9Bil of undrawn capacity on $2Bil unsecured revolver at the end of 2015, said CEO Bill Way.
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.