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For 2016, $IFF expects 3.5-4.5% currency neutral sales growth, including approx. 1.5 percentage point contribution from the acquisitions of Ottens Flavors and Lucas Meyer Cosmetics. Organically, growth was expected to be largely driven by Consumer Fragrances as well as Latin America and EAME in Flavors.
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.