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$SBUX expects operating margin and EPS to rise slightly in FY16 compared to FY15 results, on leverage on revenue growth and a 53rd fiscal week, which it sees to contribute about $0.06 to EPS. CapEx are predicted to be about $1.4Bil, primarily for new stores and store renovations, and for other investments to support ongoing growth initiatives.
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.