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Hunt Valley, Maryland-based REIT $OHI said its registered exchange offer for its outstanding $700MM of 4.500% senior notes due 2027 has expired on December 16, 2015. $OHI expects to complete the exchange offer and issue the registered notes in exchange for the private notes on or about December 18, 2015 subject to customary conditions.
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.