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$VLO returned a total of $1.3Bil in cash to stockholders in 3Q15, of which $199MM was paid in dividends and $1.1Bil was used to purchase 17.2MM shares of Valero common stock. YTD, dividends and stock buybacks totaled $2.7Bil. $VLO is on target to reach a payout ratio of 75% for 2015, with a YTD ratio of 73%.
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.