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$EXC 2Q15 Call: The company is investing $16Bil in existing utilities over the next five years, which provides respectable growth rates, and roughly another $7Bil with the addition of PHI. “We can perform well even with rising interest rate environment, which is typically a headwind in our industry,” said Christopher Crane, CEO.
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.