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$HELE expects consolidated GAAP diluted EPS of $4.37-4.77 in FY17, which includes an after-tax non-cash asset impairment charge of $5.1MM and a patent litigation charge of $1.5MM. The company is maintaining its adjusted diluted EPS outlook in the range of $5.85-6.35 for FY17.
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.