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For 3Q15 and 4Q15, $BBBY is modeling comparable sales to increase in the range of 1-3%. This includes an impact of about 40-50 BPs in 3Q15 and 20-30 BPs in 4Q15, due to modeled YoverY fluctuations in the foreign currency exchange rate related to Canadian operations.
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.