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$PX reported that 2Q16 EPS of $1.39 was at the upper end of the guidance range, helped by volume trends, foreign exchange translation and a lower tax rate. The manufacturing end market remained weak as the negative effects from the commodity collapse and strong U.S. dollar work their way through the supply chain.
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.