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As of March 31, 2016, $PSA has capital resources well in excess of its current planned capital needs over the next year totaling $830MM. Outstanding debt totaled approx. $336.7MM, consisting of $61.9MM of secured debt and $274.8MM of unsecured debt. Capex totaled $14.4MM in the three months ended March 31, 2016.
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.