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$TSCO's net cash used in investing activities for 2015 increased to $235.9MM from $160.3MM in the previous year. The company now expects capital expenditures of $230-250MM for FY16, with plans to open about 115-120 stores. $TSCO plans to relocate 5 stores as well as increase its investment in existing store renovations.
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.