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As of March 31, 2016, $AKAM's cash, cash equivalents and marketable securities, which consisted primarily of corporate bonds and US government agency securities, totaled $1.5Bil. Factoring in convertible senior notes, net cash is $833.2MM. As of March 31, 2016, $AKAM had cash and cash equivalents of $200MM held in accounts outside the US.
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.