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For 2016, $SWK expects the Tools & Storage segment organic growth to be mid-single digit. Security segment organic growth is expected to be low-single digit and Industrial segment organic growth is expected to be relatively flat. Company expects Tools & Storage and Security margin to be positive, and Industrial margin to be relatively flat.
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.