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$FMC 2Q15 Q&A: Michael, KeyBanc: Could you frame up what needs to happen to sort of hit that really strong fourth quarter for Ag solutions? Paul, CFO: Sure. Two big buckets, the $100MM EBIT increase in the 2H15 vs. 2014 is about $70MM of cost control & cost synergies, & then there’s another bucket of about $30MM of commercial benefit.
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.