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$MCK 1Q16 PR: FY16 Outlook: Adjusted diluted EPS is expected between $12.36 & $12.86, based on an exchange rate of $1.10 per Euro, which excludes following GAAP items per diluted share: Amortization of acquisition-related intangible assets of $1.24; acquisition expenses & related adjustments of $0.30; LIFO inventory-related charges of $0.86-0.96.
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.