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$PRGO said its financial results were below internal expectations. The company missed its internal EPS expectation in 2Q16 primarily as a result of the pricing impact in the Rx segment. $PRGO added it continues to build out the acquired products in the weight loss and smoking cessation categories across the platform, which is performing well.
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.