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$GLW said that the company is announcing its intention to execute a $2Bil accelerated share repurchase, which will approx. offset the EPS impact from the loss of Dow Corning's silicones earnings. At retail, sell through data through May showed demand tracking to $GLW's overall expectations for glass area growth of 8-10% in 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.