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$CRM 2Q16 PR: For 3Q16, revenue is projected to be approx. $1.69Bil to $1.7Bil, an increase of 22% to 23% YoverY. GAAP loss per share is expected to be in the range of $0.02 to $0.01. For FY16, revenue is projected to be approx. $6.6Bil to $6.625Bil, an increase of 23% YoverY. GAAP loss per share is expected to be in the range of $0.17 to $0.15.
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.