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In 1Q16, $ULTA had Capex of $54.3MM. The company ended the qtr. with $369MM in cash and short-term investments. $ULTA repurchased 158,000 shares at a cost of $27MM in 1Q16. As of April 30, 2016, approx. $219MM remained available under the $425MM share repurchase program announced in March 2016.
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.