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$KSU's net cash used for financing activities increased to $247.7MM in 2015 from $4.6MM in 2014. Net financing cash outflows for 2015 was due to net repayment of short-term borrowings of $371.1MM, repurchase of common stock of $194.2MM, payment of dividends of $140.1MM and payment of debt costs of $20.3MM.
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.