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$PSA 2Q15 Q&A: Mehta from Cantor Fitzgerald asked about operational occupancy data for European portfolio. Ron replied that same-store portfolio for Europe operated at 90.1% for quarter that’s up from 84.9% from last year. Realized rents are down 1.5, so revenue growth is about 4.6%. And at quarter end portfolio occupancy was 91.1%.
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.