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$FINL said its BoD has declared a quarterly cash dividend of $0.10 per common share, payable on Sept. 12, 2016 to shareholders of record as of Aug. 26, 2016. The board also authorized a new 5MM share repurchase plan. The new plan will commence upon completion of the current plan which has about 600,000 shares remaining.
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.