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$BBY 2Q16 PR: On July 2, 2015, BBY paid quarterly dividend of $0.23 per common share outstanding, or $81MM. On March 3, 2015, announced the intent to repurchase $1Bil worth of shares over a three-year period. Under this program, BBY repurchased a total of 9.4MM shares of common stock for $321MM during 2Q16.
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.