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$SBUX's cash provided by operating activities for 1Q16 rose to $1.6Bil from $1.4Bil last year, on timing of cash payments for income taxes. Cash used by investing activities slid to $360.1MM from $522.5MM, due to lapping prior year use of cash to buy Sazaby's 39.5% ownership interest in Starbucks Japan.
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.