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$HBI 2Q15 Q&A: McClintock of Barclays Capital asked when company will start to execute a share repurchase. Rich answered that HBI generates a tremendous amount of cash on a consistent basis. Focus is using that cash to make great returns for shareholders. Believes it's best done with mixture of acquisitions, dividends and share repurchases.
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.