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$IBM's free cash flow for 9 months ended Sept. 30, 2015 grew to $7Bil from $5.78Bil in the previous year period. The increase was driven primarily by a reduction in cash tax payments of $2.8Bil compared to 9 months of 2014 and continued improvement in sales cycle working capital.
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.