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$CHS said its BoD has approved a new $300MM share buyback authorization and canceled the remainder of its Dec. 2013 share repurchase program. During FY15, $CHS has repurchased 14.6MM shares. $CHS said its Board declared a cash dividend of $0.0775 per share, a 3.3% up from Dec. 2014, payable Dec. 21, 2015 to shareholders of record on Dec. 7, 2015.
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.