Want to join the conversation?
$COST's net cash provided by operating activities for 1Q16 fell to $811MM from $1.13Bil in the previous year quarter. Net cash used in investing activities slid to $332MM from $653MM in the prior year quarter, while net cash used in financing activities rose to $224MM from $108MM last 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.