Want to join the conversation?
$LYB said that its maintenance and growth capital investments rose to $527MM during 1Q16. Also during the quarter, the company increased its cash and liquid investment by $577MM to end with a balance of about $3Bil. $LYB repurchased 12.3MM shares during the quarter and at the end of 1Q16, the company had approx. 3MM shares remaining.
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.