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As of March 27, 2016, $HAS' cash and cash equivalents totaled $1.09Bil, substantially all of which is held outside of the US. Net cash provided by operating activities in 1Q16 was $293.6MM compared to $315.3MM in 1Q15. Net cash utilized by investing activities was $27.6MM and net cash utilized by financing activities was $151.7MM in 1Q16.
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.