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$CLX, which competes with $CL and $PG, has updated its FY16 outlook. $CLX increased its diluted EPS outlook to $4.85-4.95 from $4.75-4.90. The company expects a 1-2% sales growth vs the previous sales outlook of flat-1%, reflecting strong year-to-date sales results.
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.