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$XOM 2Q15 Q&A: On a question asked by Good of Morningstar regarding cost savings internationally, Jeff answered that XOM is capturing cost savings across its global portfolio. On the cost side, ongoing structural improvements and additional market savings in the down cycle. Well positioned to capture the book on the cost and the capital side.
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.