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$CTAS expects FY17 total revenue growth to be impacted by about 40-50 BP and operating margin by approx. 10-15 BP due to one less work day in FY17 compared to FY16. Uniform Rental and Facilities Services revenue rose 6.5% YoverY to $1Bil for the quarter. Excluding the impact of FX rate changes and acquisitions, organic growth was 5.9%.
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.