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$SYMC expects its international sales will continue to represent significant portion of its revenue. $SYMC sees that foreign currency exchange rates compared to the U.S. dollar will continue to affect revenue. However, the company is unable to predict extent to which revenue in future periods will be impacted by changes in FX rates.
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.