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During 2Q16, $CVS said that it repurchased 18.5MM for approx. $1.9Bil or $102.32 per share. The company has essentially completed its plan of $4Bil in repurchases for 2016. Between dividends and share repurchases, the company returned approx. $2.4Bil to shareholders during 2Q16 and expects to return more than $5Bil to shareholders in 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.