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$AMGN said 2Q16 dividend was $1 per share, up 27% over last year, which results in a dividend yield of over 2.5% on an annualized basis. Cash and investments totaled $35Bil, up $5Bil from 2Q15 level. This reflects continued solid net cash flow and 1Q16 debt issuance of $2.9Bil, of which about $900MM was used to repay debt maturities during 2Q16.
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.