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$TDG said that for FY16, net sales are expected to be in the range of $3,170-3,190MM compared with $2,707MM in FY15 & net income expectation is in the range of $573-583MM vs. $447MM a year ago. EPS for FY16 is anticipated to be in the range of $10.14-10.32 based upon weighted average shares outstanding of 56.2MM compared to $7.84 per share in FY15.
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.