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$ABT said it expects ongoing EPS of $0.52-0.54 in 2Q16, reflecting double-digit underlying growth offset by the impact of ForEx on operating results. Operational sales growth is expected to be mid-single digits in 2Q16. At currency exchange rates, the company said it expects a negative impact from exchange of around 3%.
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.