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In 3Q16, $NTAP repurchased approx. $85MM of stock. The company said that it will complete its $2.5Bil share repurchase program by the end of May 2018, with $262MM remaining by the end of May 2016. Additionally, the company paid $52MM in cash dividends. $NTAP announced next cash dividend of $0.18 per share which will be paid on April 27, 2016.
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.