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$ROK 2Q15 10-Q: Sales were $1,550.8MM vs. $1,600.5MM in 2Q14. Cost of sales was $877.6MM vs. $944.7MM in 2Q14. Gross profit was $673.2MM vs. $655.8MM in 2Q14. Net income was $206MM vs. $180.3MM in 2Q14. Diluted earnings per share were $1.51 vs. $1.28 in 2Q14. Operating earnings was $334.2MM vs. $302.1MM in 2Q14.
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.