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$ROP 2Q15 Call: Our free cash flow was $162MM a 24% increase over last year; and in first half of the year now, we’ve delivered $412MM in free cash flow, which represents little over 23% of revenue, and gives us a cash conversion ratio of 126%. In 2013 first half, we had $311MM, and just in two-year period, we’re up 39% in first half 2015 to $433MM
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.