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$YHOO has a credit agreement with Citibank, N.A., as Administrative Agent that provides for a $750MM unsecured revolving credit facility. This is subject to increase by up to $250MM in accordance with its terms. The Credit Agreement is scheduled to terminate on July 22, 2016, unless extended by the parties.
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.