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$VFC's inventories were up 12% at 3Q15-end. The company's Board of Directors approved a new quarterly dividend of $0.37 per share, which is $0.05 or 16% over the prior rate. This quarterly rate increase leads to 2015 dividend of $1.33, a 20% increase over the prior year.
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.