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$LEG 2Q15 PR: Net sales from continuing operations were $997MM compared to $1,002MM in prior quarter of last year. Net earnings attributable to L&P was $77.7MM compared to net loss of $23.90MM in same quarter last year. EBIT margin improved to 12.0%, a 130 basis point gain over same quarter of last year.
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.