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For 2016, $LH expects net revenue to grow in the range of 7.5-9.5% vs. 2015 net revenue of $8.51Bil, including the impact from approx. 100 BP of negative currency. 2016 net revenue is expected to grow between 3.5-5.5% in LabCorp Diagnostics and 2-5% in Covance Drug Development. Adjusted EPS is expected to be $8.45-8.85, up approx. 7-12% for 2016.
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.