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$YUM said it plans to complete its capitalization and have approx. $9Bil in debt outstanding by the end of 2Q16. Since Oct. 2015, the company has bought back 24.7MM shares at an average price of $71, returning a total of $1.8Bil to shareholders excluding dividends.
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.