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$KHC's adjusted EBITDA and adjusted EPS were down 2 and 8.2 percentage points currency headwind at the EBITDA level. Constant currency adjusted EBITDA was up 4.8% and adjusted EPS would have been up in the mid-single digit range as well. This reflected ongoing savings from pre-merger restructuring and productivity initiatives at Kraft and Heinz.
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.