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Net CapEx was $441MM for the nine months ended Sept. 30, 2015 vs. $304MM for the same period in 2014. The increase in CapEx was primarily due to incremental investment in hardware to support company's initiatives, facilities expansions and improvements. $YHOO expects net CapEx to be lower in 4Q15 compared to 3Q15.
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.