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$BWLD said its BoD authorized an increase to its share repurchase program for an additional $300MM of its common stock. The repurchase authorization replaces previously approved $200MM share repurchase program, of which about $75MM remains, and brings its outstanding share repurchase program to $375MM.
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.