Want to join the conversation?
In 4Q16, $BNED repurchased 865,427 shares for approx. $8.5MM. During 4Q16, the company did not borrow under its credit facility. Capex in 4Q16 was $13.1MM. The company had $29MM in cash and no debt outstanding at the end of FY16. For FY16, cash flow from operations was $82.8MM.
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.