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During 1Q16, $PCG sold 1.3MM shares under its Feb. 2015 equity distribution agreement for cash proceeds of $74MM. As of March 31, 2016, remaining gross sales available were $350MM. During 1Q16, 2.3MM shares were issued for cash proceeds of $72MM under 401(k), Dividend Reinvestment and Stock Purchase, and share-based compensation plans.
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.