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$STZ expects diluted EPS accretion from the Meiomi acquisition to be around $0.07-0.08 in FY16 versus the previous $0.03-0.04 projection. On a comparable basis, the Ballast Point acquisition is expected to be neutral to diluted EPS for FY16 and $0.05-0.06 accretive for FY17.
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.