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$LII narrowed its guidance for 2016 revenue growth from 3-7% to 4-6%, and still expects ForEx to be neutral to revenue on a full-year basis. The company updated its guidance for 2016 GAAP EPS from continuing operations from $6.45-6.85 to a range of $6.25-6.45, and adjusted EPS from continuing operations from $6.50-6.90 to a range of $6.75-6.95.
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.