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For 2Q16, $BCR expects constant currency sales growth of 6.5-8.0% with reported sales growth of 5.5-7.0%. This outlook assumes organic growth of 5.5-6.0%. Adjusted EPS, excluding items affecting comparability and the amortization of intangibles, is expected to be $2.43-2.47 in 2Q16.
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.