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$FTI said it expects full year revenue for its largest Subsea segment to be in the range of $3.3-$3.4Bil. The company expects its surface technology revenue for the year to be down about 30-35% versus 2015 as North American activity has fallen more than what was previously expected.
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.