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$LB 2Q15 Q&A: Boss from JPMorgan asked about capital allocation. Stuart replied, first and foremost is to invest in the business; second returning back to shareholders; and pay regular dividend and we want to be very compelling and appropriate for our share holders; & fourth, swings between repurchases and special dividends, we use our judgment.
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.