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$SE 2Q15 PR: Operating revenues for the quarter were $1,192MM compared to $1,253MM in the same quarter last year. Net income for the quarter was $80MM compared to $188MM in the same quarter last year. For the quarter, ongoing earnings before interest, taxes, depreciation and amortization were $652MM compared with $627MM in the prior-year quarter.
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.