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$GWW expects 2015 sales guidance to be in the range of (0.5) to 0.5% and EPS to be $11.60-11.80, excluding the charges of $0.16 per share. This includes the benefit of the recent Cromwell Group Limited acquisition, which is expected to contribute approx. 1.5 percentage points of sales growth and $0.01-0.02 to EPS for the final four months of 2015.
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.