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For 4Q17, $PERY expects revenues to increase 7%. The increase is driven by the core growth of 4% that the company has been seeing throughout the year, supplemented by the launch of Nike in Europe and Latin America, as well as further expansion in its global golf brands.
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.