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$TXT reiterated its 2016 EPS from continuing operations guidance of $2.60-2.80, not including the estimated impact related to the tax settlement. The company also confirmed its 2016 manufacturing cash flow before pension contributions guidance of $600-700MM.
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.