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$PH said that for FY16, it has retained the midpoint and narrowed the guidance range for EPS from continuing operations to $5.40-5.80, and $5.90-6.30 on an adjusted basis. This guidance is adjusted for anticipated business realignment expenses of approx. $0.50 per share, out of which $0.30 per share relates to Simplification initiatives.
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.