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$BBBY said it remains on track to open approx. 30 new stores across all concepts and close about 15 stores in 2016. Most of the store openings are planned in new markets for the company's various concepts. CapEx in 2016 is planned to be in the range of approx. $400-425MM, which remains subject to the timing and composition of projects.
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.