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$MTSC lowered its FY16 EPS, excluding any impact from the PCB acquisition, guidance to range of $2.60-3.00 from previous forecast of $3.03-3.28. $MTSC also cut 2016 EPS including any impact from the PCB acquisition outlook to $1.20-1.60 range. The company still expects 2016 revenue of $570-600MM, excluding any benefits from the PCB purchase.
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.