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$BBBY's 2Q15 tax rate was approx. 38% compared to approx. 37.7% in the same period last year. 2Q15 provisions included net after-tax costs of about $800,000 this year compared to net after-tax benefits of approx. $800,000 last year, due to distinct tax events occurring during these quarters.
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.