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$VSTO said that it repurchased approx. 572,000 shares for $27MM in 4Q16, under its $200MM two-year share repurchase program. Since the end of 4Q16, the company has repurchased approx. 200,000 additional shares for $10MM. Since the program's initial authorization, the company has repurchased a total of approx. 3.5MM shares for $159MM.
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.