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$ABC 3Q15 10-Q: Cash provided by operations during nine months ended June 30, 2015 was principally the result of an increase in AP, accrued expenses, and income taxes of $3.5Bil & non-cash items of $1.3Bil, offset in part by loss from continuing operations of $499.2MM, an increase in AR of $868.7MM & increase in merchandise inventories of $700.3MM.
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.