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$XYL narrowed the range of its full-year earnings outlook, while maintaining the same adjusted EPS mid-point. $XYL now expects to generate full-year 2016 adjusted operating income of $495-$510MM, or adjusted EPS of $2.00 to $2.06. Adjusted earnings outlook continues to exclude projected restructuring & realignment costs of about $25MM for the year.
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.