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$EDR's same-community portfolio of 27,537 beds opened the 2016-2017 lease term 96.7% occupied with rate growth of 3.4%. Opening occupancy is 111BP behind prior year and 61BP below the low end of prior guidance due to issues at the two communities serving the universities of Missouri and Oklahoma, which opened 81.2% and 61.1% occupied respectively.
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.