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Robert Moskow from Credit Suisse probes on the 4Q16 implied guidance. $CPB said it aspires to achieve its long-term target in FY17. In terms of implied range, there is a $0.07 delta in 4Q16. $CPB is giving itself a little bit of latitude in 4Q16 in terms of where it's going to come out and is confident of seeing some organic growth at the topline.
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.