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$CSX said that for 2016, the company expects about 18-20MM tonnes of export coal. In 2Q16, the company expects its expenses to benefit from the low fuel price environment. During the last 12 months $CSX reduced its headcount by 4,500 compared to last year as part of its cost actions.
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.