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$VSTO expects FY17 sales of $2.72-2.78Bil and EPS of $2.65-2.85. The company expects FY17 interest expense of about $45MM, tax rate of about 37%, capital expenditures of about $90MM and free cash flow of $130-160MM. The EPS guidance includes EPS resulting from Action Sports acquisition, which it sees to be $0.07-0.10.
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.