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$LB 2Q15 Call: We expect third quarter net non-operating expense consisting primarily of interest expense, to be about flat to last year at $80MM. We expect earnings per share between $0.40-0.45 in the third quarter against last year's $0.44 result. This forecast includes the negative impact from foreign exchange of about $0.03.
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.