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$STX said its BoD has approved a quarterly cash dividend of $0.63 per share. The dividend will be payable on May 24, 2016 to shareholders of record as of the close of business on May 10, 2016. The payment of any future quarterly dividends will be at the discretion of the Board.
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.