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During 1Q16, $SNA repurchased 157,000 shares of its common stock for $23.1MM under its previously announced share repurchase program vs. 340,000 shares for $49.7MM during 1Q15. As of April 2, 2016, the company had remaining availability to repurchase up to an additional $230.9MM in common stock pursuant to its BoD authorizations.
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.