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$URI now expects 2016 rental rates and adjusted EBITDA to track toward the upper end of previous guidance and free cash flow to exceed its prior expectations. This takes into account $URI's plan to invest up to additional $50MM in fleet to service specific large contract wins.
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.