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$EMN 2Q15 Call: Making meaningful investments in organic growth initiatives such as Trident Crystex and PVB interlayers. Expect 2015 free cash flow to be above $900MM. Expect cash generation to increase in where first priority will be repaying approx. $1Bil of debt that finance Taminco acquisition. Through 1H15, net debt declined by $280MM.
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.