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$UA 2Q15 PR: Net revenues increased 29% to $783.57MM compared with $609.65MM in 2Q14. On a currency neutral basis, net revenues increased 31% compared with the prior year's period. Net income decreased 17% to $14.76MM compared with $17.69MM in 2Q14.
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.