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$ZMH 1Q15 10-Q: Net sales were $1,134.4MM vs. $1,161.5MM in 1Q14. Operating profit was $274.9MM vs. $300.1MM in 1Q14. Net Earnings of Zimmer Holdings were $177.1MM, or $1.02 per diluted share, vs. $221.5MM, $1.29 per diluted share, in 1Q14. R&D expense was $48.4MM vs. $47.4MM in 1Q14. SG&A expense was $425MM vs. $444.5MM in 1Q14.
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.