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$CCE expects 2016 comparable and currency-neutral net sales to be up slightly. $CCE sees 2016 free cash flow of $500-550MM after expected CCEP transaction cash costs of $75-100MM. CapEx is predicted to be about $325MM. Weighted-average cost of debt is expected to be about 3% and comparable effective tax rate is projected to be 26-28%.
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.