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$STLD said it provided 2Q16 EPS guidance of $0.53-0.57, compared to sequential 1Q16 EPS of $0.26 and 2Q15 adjusted EPS of $0.22, which excludes certain non-cash inventory valuation adjustments and other costs primarily related to idling the company's Minnesota Operations. Including these charges $STLD reported 2Q15 EPS of $0.13.
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.