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During FY16, $STZ incurred $891.3MM for capital expenditures, including $800.3MM for the Beer segment primarily for the Mexico Beer Expansion Projects. $STZ plans to spend $1.25-1.35Bil for capital expenditures for FY17, including $1.15-1.25Bil for the Beer segment associated primarily with the Mexico Beer Expansion Projects.
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.