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$CBRL ended FY16 with $151MM of cash and equivalents. During FY16, the company made regular quarterly dividend payments which totaled $4.40 per share. $CBRL also paid two special dividends. The special dividend payments in conjunction with the regular quarterly dividend payments reduced cash balances by approx. $256MM.
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.