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Investment management solutions provider $SEIC said its BoD has increased the repurchase program by $200MM, thus raising available authorization under the program to about $232.5MM. Company has repurchased about 2.1MM shares at about $80.6MM since beginning of calendar 2016.
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.