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$TJX said that for FY17 the company is planning to add approx. 195 new stores, bringing the year end total to about 3,809 stores, representing a store growth of approx. 5%. The company also expects the BoD to increase FY17 quarterly dividend by 24% on top of the 20% increase last year.
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.