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$IFF's 2015 dividend payment was $160MM, a direct result of a 20% increase in Aug. Supplementing the dividend and remaining flexible to pursue M&A opportunities, the company spent $122MM in share buybacks. For 2015, the company repurchased approx. 1.1MM shares and lowered the diluted shares outstanding to 80.4MM shares.
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.