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$UA said its cash used in investing activities fell $514.1MM YoverY to $103.2MM, primarily due to the acquisitions of MyFitnessPal and Endomondo during 1Q15. CapEx for FY16 is expected to be approx. $450-475MM, comprised primarily of investments in $UA's corporate headquarters, new SAP platform and direct-to-consumer business.
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.