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$GWR said in North America, the company's guidance assumes core freight pricing increases in the 2-3% range in 2H16. The company expects Pulp & Paper and Petroleum Products traffic to be weaker in 2H16. $GWR now expects approx. $5MM higher expense versus its prior guidance in North America.
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.