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$MNK's net cash provided by financing activities fell by $1.884Bil to $1.07Bil from last year. The fall largely resulted from cash outflows from repayment of external debt and capital leases, offset by cash proceeds from issuance of external debt to fund Ikaria and Therakos acquisitions and rises in accounts receivable securitization facility.
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.