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$FDX CFO Alan Graf, Jr. said, "Our strong operating cash flow generation allowed us to invest in FedEx's future this past year. We executed on numerous capital projects and completed the acquisition of TNT Express, our largest ever. We were especially pleased with FedEx Express's continued improvement in operating margin, which was 11.3% in 4Q16."
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.