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As of Dec. 31, 2015, $ZBH had $449.5MM authorized under its $1Bil share repurchase program. Through Feb. 25, 2016, company repurchased about $415MM of shares, including $250MM of shares repurchased from some selling stockholders on Feb. 10. $ZBH expects cash outlays related to Biomet integration to be about $290MM in 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.