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$MO 2Q15 Call: We continue to deliver value to shareholders; we paid approx. $2Bil in dividends in the 1H15. We also recently completed our $1Bil share repurchase program, purchasing approx. $263MM in shares in the second quarter and remaining $63MM in July. Board has authorized a new $1Bil program, which we expect to complete by the end of 2016.
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.