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$ANTM 2Q15 Call: Government business segment had a strong quarter, adding 147,000 members. Government business revenues were $10.4Bil, up approx. 25.7% vs. 2Q14. Government business YTD membership growth has exceeded the expectation, growing approx. 630,000, including 571,000 in Medicaid, 31,000 in Federal Employee Program and 28,000 in Medicare.
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.