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$AKAM 2Q15 PR: Cash from operations was $264MM, or 49% of revenue. Cash, cash equivalents & marketable securities as of June 30, 2015 was $1.5Bil. The Company spent $63MM to repurchase 0.9MM shares of its common stock at an average price of $74.12 per share. The Company had approx. 179MM shares of common stock outstanding as of June 30, 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.