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$CVS 2Q15 PR: Net revenues increased 7.4% to $37.2Bil vs. $34.6Bil in 2Q14. Net income was $1.27Bil vs. $1.25Bil in 2Q14. Gross profit was $6.4Bil vs. $6.3Bil in 2Q14. Operating profit increased 2.5% to $2.26Bil vs. $2.21Bil in 2Q14. Diluted EPS was $1.12 vs. $1.06 in 2Q14. Dividends declared per share were $0.350 vs. $0.275 in 2Q14.
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.