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$VLO 2Q15 Q&A: Calio of Morgan Stanley asked if company is patient to buy back to continue similar rate in potentially seasonally weaker margins of other quarters. Mike answered that company looks at future capital and working capital requirements and also what was committed till to date. Will continue to look at these things through the year.
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.