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$PSX said it returned $687MM to shareholders during the quarter, consisting of $296MM in dividends and the repurchase of 5MM shares of common stock for $391MM. The company ended the quarter with 526MM shares outstanding. $PSX said its CapEx and investments totaled $750MM.
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.