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Healthcare services & IT company $MCK said it raised its FY17 earnings outlook to $13.43 to $13.93 per share from $13.30 to $13.80 per share. The company said the outlook excludes approx. 12 to 15 cents related to the cost reduction plan it announced in March 2016.
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.