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Matt Duncan of Stephens asks whether one should expect mid-teens growth for 2017 or double-digit growth as there is going to be one less week next year. CFO Drew DeFerrari said $DY is not providing guidance out beyond 1Q17 on a qualitative basis. He added that the growth drivers for the next few quarters are not expected to lessen anytime soon.
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.