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$FRAN said that it had raised its 4Q15 guidance based on its sales in holiday season & remainder quarter's expectations. The Company now expects sales in between $130MM & $133MM compared to previous guidance of $127MM & $130MM and diluted EPS to be in the range of $0.32-0.34 compared to the previous guidance of $0.31-$0.33.
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.