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$TMK said it expects free cash flow in 2016 to be around $320MM. With $174MM spent on share repurchases thus far, the company expects to have around $146MM available for the remainder of 2016 from its free cash flow, plus other assets available at the parent.
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.