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$NKE's BoD lifted quarterly cash dividend by 14% to $0.32 per Class A and B common share, on pre-split basis, payable on Jan. 4, 2016 to shareholders of record on Dec. 9, 2015. $NKE's BoD also approved 2-for-1 split of Class A and B common shares. The split will be in form of 100% stock dividend payable on Dec. 23 to shareholders of record Dec. 9.
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.