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Equity REIT company $AVB said that it expects total 1Q16 Established Communities rental revenue to rise between 5.4-5.6% vs. 1Q15. This is consistent with the company's expectations for 1Q16 in establishing the assumptions for full-year Established Communities revenue growth as stated in the 2016 outlook given on Feb. 3, 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.