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$IVZ paid dividends of $113.8MM in 4Q15, bringing total FY15 dividends to $454.5MM. BoD announced 4Q15 dividend of $0.27 per share payable on March 4. During 4Q15, $IVZ said that it is increasing its ownership of Religare Invesco Asset Management Company, its JV in India, from 49% to 100%. This acquisition of is expected to close in early 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.