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On constant currency basis, $ADS still expects 2016 revenue of $7.2Bil, a 12% increase compared to 2015, and core EPS of $17, a 13% increase compared to 2015. For 1Q16, $ADS expects revenue of $1.72Bil and core EPS of $3.93 on constant currency basis. On reported basis, $ADS sees 1Q16 revenue of $1.68Bil and core EPS of $3.83.
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.