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$YUM's EPS excluding special items increased 14%, an improvement from 7% EPS decline in 1H15. Worldwide restaurant margins at company-owned stores were 18%, up 3 percentage points versus prior year and the EPS growth was impacted by foreign currency translation of nearly 6 percentage points, including unexpected devaluation of RMB in mid-Aug.
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.