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During FY15, $ORCL acquired certain other companies and purchased certain technology and development assets. In the aggregate, the total preliminary purchase price for these acquisitions was approx. $1.7Bil, which consisted of approx. $1.7Bil in cash and $7MM for the fair values of stock options and restricted stock-based awards assumed.
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.