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$CORE said 2016 net sales are now expected to be $14.0-14.5Bil, up from $13.4-13.8Bil. Adjusted EBITDA for 2016 is now expected to be $157-164MM, up from $153-160MM. Diluted EPS for the full year is expected to be $2.31-2.46, up from $2.26-2.41. Diluted per-share estimates, excluding LIFO expense, are expected to be $2.65-2.80, up from $2.60-2.75.
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.