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$MAT had cash and equivalents of $289.7MM as of Sept. 30, 2015, down $682MM from Dec. 31, 2014. Of the $289.7MM, approx. $210MM is held by foreign subsidiaries. As of Sept. 30, 2015, $MAT had remaining borrowing resources totaling $1.44Bil available under its credit facility.
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.