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$EXP said its operating earnings in its wallboard & paperboard businesses rose 8% to $50.6MM for 1Q17. Republic Paperboard continued to perform well and set a quarterly record for operating earnings, said the company. Operating cash flow rose 162% to $54.1MM and CapEx of $9MM was down significantly YoverY, reflecting sustaining capital levels.
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.