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$SBUX's cash used by financing activities for 1Q16 fell to $528.7MM from $668.3MM last year. The change was primarily due to lapping prior year cash restricted to fund second tender offer step of Starbucks Japan acquisition, partially offset by increased cash returned to shareholders through dividend payments and share repurchases compared 1Q15.
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.