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$PYPL's 2015 net cash used in investing activities was $6.4Bil due primarily to purchases of available for sale investments of $7.5Bil, cash paid for acquisitions of $1.2Bil, increases in loan receivable portfolio originated through PayPal Credit products of $819MM & purchases of property & equipment of $722MM, due in part to the eBay separation.
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.