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$GE 2Q15 Call: GE Capital asset sales were robust and company will achieve $100Bil of deals closed in 2015. Expects the Synchrony split to take place by end of 2015. Appliances and Alstom are in the middle of regulatory reviews; expects both deals to close by the end of the year. Raising low end of range for Industrial guidance to $1.13-1.20 EPS.
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.