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$CME, which competes with $ICE and $CLMS, said it expects its non-license fee related expenses to increase by a modest 1% to approx. $1.185Bil. The company expects the transaction fee revenue to increase approx. 2%, assuming the same volume levels and product mix. $CME expects market data revenue to increase by 4-5% and CapEx of $115-120MM in 2016.
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.