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$CCL said during 1Q16, the company continued to make progress on cross brand efforts to leverage scale. The company is looking forward to a bigger contribution from this effort in 2017. On the cost side, work in the procurement area continues. $CCL has negotiations underway on 16 different purchasing categories with 22 more RFPs outstanding.
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.