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$BLK 2Q15 Call-Laurence Fink, CEO: BlackRock saw total net long term outflows of $7Bil, as $24Bil of net inflows into active &iShare strategies, was offset by $31Bil net outflows in low fee institutional index strategies. From regional perspective, we saw $18Bil in net inflows in Americas, offset by net outflows of $25Bil from international clients
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.