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$EXPD's net cash provided by operating activities for 2015 rose to $565MM from $395MM last year. This rise was primarily due to higher earnings and changes in working capital. At Dec. 31, 2015, working capital was $1.13Bil, including cash and cash equivalents and short-term investments of $808MM. The company had no long-term debt at Dec. 31, 2015.
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.