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Lodging company $MAR said that its BoD declared a quarterly cash dividend of $0.25 per share of common stock payable on March 31, 2016 to shareholders of record as of Feb. 25, 2016. The Board increased the authorization to repurchase Class A common stock by an additional 25MM shares, for approx. 36MM shares currently authorized for repurchase.
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.