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Free cash flow over the last four quarters was $11.3Bil and $ORCL now has more than $52Bil in cash and marketable securities. Net of debt, company's cash position is over $10.4Bil. In 2Q16, $ORCL repurchased more than 86MM shares for a total of $3.25Bil and over the last 12 months the company paid dividends of $2.5Bil.
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.