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During 1Q16, $IPG repurchased 2.5MM shares of its common stock at an aggregate cost of $53.7MM and an average price of $21.67 per share, including fees. The company also declared and paid a common stock cash dividend of $0.15 per share, for a total of $59.9MM for 1Q16.
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.