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$M's net cash used by investing activities grew 30.5% in first nine months of 2015. Investing activities in 2015 included the impact of a real estate transaction related to $M's downtown Seattle store location. $M has sold the top four floors of this retail location for $65MM in cash. As a result, it recorded a gain of approx. $57MM in 3Q15.
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.