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Based on its 3Q15 results $GILD now expects its FY15 net product sales to be in the range of $30-31Bil at a gross margin of 88-90%; R&D expenses to be between $2.8-3Bil and SG&A expenses to be between $3-3.2Bil; and diluted EPS impact of acquisition-related, restructuring, stock-based compensation expenses and other to be between $0.82-0.87.
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.