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$TGT said, during 2015, it used a portion of the $1.9Bil cash consideration it received from its pharma sale to $CVS to buy back shares of its common stock and settle approx. $200MM of retained pharmacy and clinic net liabilities. $TGT said it expects to use the remaining proceeds to pay approx. $500MM of related taxes and repurchase shares.
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.