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For 3Q16, $SPLS expects sales to decrease vs. 3Q15. The company expects diluted non-GAAP EPS of $0.32-0.35 in 3Q16. The earnings guidance excludes potential charges related to strategic plans, including restructuring and related initiatives as well as the ongoing exploration of strategic alternatives for the company's European 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.