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For FY17, $CTLT expects revenue in the range of $1.920-1.995Bil, adjusted EBITDA to be between $430-455MM and adjusted net Income to be between $165-190MM. These ranges are consistent with the organic, constant currency long-term CAGR growth expectations of 4-6% for revenue and 6-8% for adjusted EBITDA. CapEx is expected to be $125-135MM for FY17.
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.