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Cash on hand at the end of 3Q15 was $2Bil for $MPC. Core operating cash flow was a $1.5Bil source of cash and in 3Q15 returned $327MM to shareholders. Share count at 3Q15 end was 534MM shares. $MPC is expecting 4Q15 throughput volumes of 1.8MM barrels per day, down slightly vs. 4Q14 due to more planned maintenance in 2015.
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.