Want to join the conversation?
$WRK reported cash from operations of $523MM in 1Q16. Total debt was $5.82Bil at Dec. 31. In 1Q16, $WRK invested $282MM in the acquisition of SP Fiber Holdings. CapEx was $204MM, and company returned $94MM to stockholders in stock repurchases and an additional $96MM in dividends.
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.