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$JACK, the fast-food restaurant chain known for its f hamburger and cheeseburger sandwiches, reported a higher 2Q16 profit, helped by cost controls and strong margins. The company forecast FY16 operating earnings higher than what it reported in the previous year.
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.