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For 2Q16, $GME expects comparable store sales to range from (7.0)% to (4.0)%, while diluted EPS is expected to range from $0.23-0.30, including $0.05 related to interest expense on $475MM of senior notes issued earlier in 2016. For FY16, $GME is restating its diluted EPS guidance of $3.90-4.05 and comparable store sales range of (3.0)% to 0.0%.
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.