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$HON 2Q15 Call: Company delivered double-digit earnings growth, capping off strong 1H15 and positioning it well to achieve full-year outlook heading into 2H15. Reported EPS $1.51, increased 10% normalized for tax; high-end of guidance range. Sales of $9.8Bil, up 3% on core organic basis; expects sales accelerated in 2Q15 will continue into 2H15.
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.