Want to join the conversation?
$STZ 1Q16 PR: FY16 Outlook: On a reported basis, EPS is expected to be $4.60-4.80; Interest expense approx. $325-335MM; Tax rate approx. 30.5%; Weighted average diluted shares outstanding approx. 204MM; Free cash flow approximately $100-200MM; Operating cash flow approx. $1.15-1.35Bil; CapEx approx. $1.05-1.15Bil.
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.