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For 2016, $PBI expects revenue on a constant currency basis to be in the range of a 1% decline to 2% growth. Diluted EPS from continuing operations is expected to be $1.80-2.00 on both an adjusted and GAAP basis. Free cash flow is expected to be $425-525MM.
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.