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$MRK's net cash used in financing activities for 2015 decreased to $5.3Bil from $15.1Bil last year. This decline was driven primarily by higher proceeds from issuance of debt, lower payments on debt and lower purchases of treasury stock, partially offset by lower proceeds from exercise of stock options and fall in short-term borrowings.
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.