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$PNC 2Q15 PR: PNC reported second quarter net income of $1Bil in comparison to net income of $1.1Bil for 2Q14. Total revenues reported were $3.866Bil vs. $3.810Bil in 2Q14, up 1.46%. Net interest income of $2.1Bil decreased $20MM, or 1% compared with 1Q15 due to lower purchase accounting accretion.
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.