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$BAX's net cash used in operating activities for 1Q16 was $333MM compared to cash provided by operating activities of $96MM last year. Net cash used in investing activities fell to $201MM from $770MM a year ago, while net cash provided by financing activities grew to $510MM from $384MM in the prior year quarter.
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.