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$FFIV said that it expects revenue in the range of $480-490MM & GAAP EPS in the range of $1.13-1.16 for the fiscal 2Q16. For the quarter ending in April, $FFIV expects GAAP margin is anticipated to be at or around 82.5% including approx. $4MM of stock-based compensation expense & $2.7MM in amortization of purchased intangible assets.
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.