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$DFS 2Q15 Q&A: Pate from Morgan Stanley asked about card loan growth. David replied that we moved back a bit to middle of our range; broad retail sales growth across country decelerated this quarter. We saw continuing impact of gas prices which impacted sales and to a lesser degree loans. We’re taking lot of actions to try to accelerate loan growth
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.