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As of Aug. 31, 2015, $NKE had cash, cash equivalents and short-term investments totaling $5.4Bil, of which $4.3Bil was held by its foreign subsidiaries. Cash and equivalents as of August 31, 2015 include $468MM of cash collateral received from counterparties as a result of hedging activity.
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.