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As of 1Q16-end $LRCX had $2.5MM of total unrecognized compensation cost related to unvested stock options granted and outstanding. $LRCX expects to recognize these costs over a weighted-average remaining vesting period of 1.9 years. As of 1Q16-end, there was $169.9MM of total unrecognized compensation expense related to unvested RSUs granted.
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.