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REIT company $SNH said that during 2Q16, it grew normalized FFO per share YoverY by 6.8%, grew consolidated same property cash NOI by 2% YoverY, achieved 8.5% YoverY same-store NOI growth in the managed senior living portfolio. The company maintained its normalized FFO payout ratio at 83% and achieved YTD total return on stock of over 50%.
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.