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$RL's net cash used in investing activities for 9 months ended Dec. 26, 2015 slid to $391MM from $525MM last year. This decrease was primarily driven by a $170MM decline in cash used to purchase investments, less proceeds from sales and maturities of investments.
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.