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$PSA said it is calling for redemption all outstanding depositary shares representing interests in its 6.5% Preferred Shares, Series Q on April 15 at $25 per depositary share plus accrued dividends from April 1, 2016 through the date of redemption. The aggregate redemption amount to be paid to all holders of depositary shares is $375MM.
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.