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For 2016, $WYN expects revenues of approx. $5.65-5.80Bil and adjusted net income of approx. $635-651MM. Adjusted diluted EPS is expected to be approx. $5.68-5.82 based on a diluted share count of 112MM. Adjusted EBITDA is expected to be approx. $1.375-1.400Bil. The guidance excludes possible future share repurchases.
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.