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In 2015, $EW repurchased 2.5MM shares at $275MM under Board authorized repurchase program. As of Dec. 31, 2015, company had remaining authority to purchase $677.5MM of common stock. In Feb. 2016, $EW entered into accelerated share repurchase agreements to repurchase $325MM of its common stock.
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.