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$MO, best known for its Marlboro brand, said it paid over $1.1Bil in dividends and repurchased $168MM in shares. As of March 31, 2016, the company had approximately $797MM remaining in the current $1Bil share repurchase program. $MO continues to expect to complete the program by the end of 2016.
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.