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As a result of its 2Q16 results, $CTAS updated its 2016 annual guidance. The company now expects its fiscal 2016 revenue to be in the range of $4.825-4.880Bil and fiscal 2016 EPS from continuing operations to be in the range of $3.83-3.90. This guidance does not include any potential deterioration in the U.S. economy or share buybacks.
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.