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$BA CEO Dennis Muilenburg said the company delivered a solid 1Q16 financial results that included higher revenue and increased operating cash flow. Muilenburg said that the company repurchased $3.5Bil worth of stock in 1Q16 and increased the dividend per share 20% for payout of $717MM.
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.