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$TJX also announced its plan to repurchase about $1.5-2Bil of its stock during FY17. With $1.5Bil remaining at FY16 year-end under its existing stock repurchase program, $TJX's BoD approved a new stock repurchase program that authorizes the repurchase of up to additional $2Bil of common stock from time to time.
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.