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$KSU said for 2016 it expects fuel excise tax credits to approximate $60MM plus and $40MM plus after-tax depending on fuel usage, the level of excise tax per gallon imposed by the government and FX. The company expects to fully utilize the credit for 2016, but utilization is dependent on various factors that influence its level of taxable income.
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.