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On August 2, 2016, $MNST's BoD authorized a new repurchase program for the repurchase of up to $250MM of the company's outstanding common stock. Payroll expenses were up $5.1MM in 2Q16, primarily to support the strategic brands that $MNST acquired from Coca-Cola.
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.