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$SWKS' net cash provided by operating activities for 1Q16 decreased to $345.3MM from $383.2MM in the previous year quarter. Net cash used in investing activities declined to $79.5MM from $87.2MM last year, while net cash used in financing activities increased to $76.2MM from $51.9MM in the prior year quarter.
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.