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$A's net cash provided by operating activities was $491MM in 2015 as compared to $711MM provided in 2014. Net cash used in investing activities in 2015 was $400MM, up from $230MM in the previous year. Net cash used in financing activities was $1.068Bil, compared to $97MM in the preceding year.
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.