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$LXU said turnaround activities and various operational issues resulted in unplanned downtime at its 3 primary chemical facilities during 3Q16. The company expects the combined impact to 3Q16 EBITDA as a result of reduced production, lost fixed cost absorption and repair expenses related to unplanned maintenance to be $25-26.5MM.
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.