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$TWTR expects 3Q16 revenue to be in the range of $590-610MM and adjusted EBITDA to be in the range of $135-150MM. 3Q16 stock-based compensation expense is expected to be in the range of $165-175MM. For 3Q16, the company expects GAAP share count in the range of 705-710MM shares and non-GAAP share count in the range of 715-725MM shares.
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.