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$HPE said the $CSC transaction is currently targeted to be completed by March 31, 2017. $CSC expects total one-time separation payments of about $900MM, with $300MM in FY16 and the remainder in FY17. The company's BoD increased its share repurchase authorization by $3Bil, standing now at $4.8Bil remaining.
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.