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$HNI expects 2Q16 sales to be down 4-7% over last year, including the impacts of acquisitions and divestitures. Non-GAAP EPS are predicted to be $0.54-0.59 for 2Q16 and $2.40-2.70 for the full year 2016, which excludes restructuring and transition costs.
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.