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$TSCO still expects FY16 net sales of $6.8-6.9Bil, net income of $451-456MM and EPS of $3.35-3.40. Comparable store sales is still predicted to be 2.5-3.5%. The company still anticipates capital expenditures of $230-250MM, which includes spending to support 115 - 120 new store openings.
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.