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$RCL announced a $500MM share repurchase program, and a non-cash write down of $399.3MM associated with Pullmantur brand. The cruise operator plans to begin with accelerated share repurchase transaction of $200MM that should be closed by end of Jan. 2016. $RCL expects to close the program by year-end 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.