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$UNM 2Q15 Call: 2Q15 operating earnings were $202.8MM, a decline of 6% from 2Q14 of $215.8MM. Premium income growth was strong increasing 6.8% from 2Q14. The pent up ratio for the US segment increased slightly to 71.2% in the 2Q15 vs. 70.4% in the year ago quarter as we experienced negative volatility in our US Group Life business.
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.