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$K reaffirmed 2015 currency-neutral comparable operating profit guidance to decrease at 2-4% rate and comparable EPS outlook between 2% lower and about unchanged. Currency-neutral comparable net sales are still expected to remain about unchanged from last year. Cash flow is now expected to be about $1.1Bil for 2015.
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.