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For 4Q16, $INTC expects revenue to be in the range of $15.2-16.2Bil, and gross margin of 61%, plus or minus a couple percentage points. Research and development plus marketing, general and administrative expenses are expected to be about $5.2Bil and depreciation is projected to be about $1.5Bil for 4Q16.
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.